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20+ cities are throwing 'buy a house and settle down', will the first-tier cities follow up? Expert: Full of suspense

author:Orion Clarke

In today's era when the demographic dividend is gradually fading, the competition between cities is becoming more and more fierce, and talents have become the core driving force to promote urban development. In order to take the lead in this war without gunpowder, more than 20 cities have shown their own "killer features" - the preferential policy of buying a house and settling down directly, like a depth charge, has aroused widespread attention and discussion in the society. This wave has not only stirred up the calm of the real estate market, but also made people wonder whether the first-tier cities, which have always strictly controlled the size of the population, will also put down their bodies in this "war for talent" and join this unprecedented "welfare feast".

20+ cities are throwing 'buy a house and settle down', will the first-tier cities follow up? Expert: Full of suspense

Second- and third-tier cities: "new recruitment" for talent introduction

In recent years, with the acceleration of economic development in second- and third-tier cities, the demand for talents has become increasingly urgent. In order to attract more talents to settle down, these cities have taken great pains to provide subsidies for housing purchases and rental discounts to children's education and medical care. The introduction of the policy of "buying a house and getting a household registration" is undoubtedly the most attractive part. It not only simplifies the settlement process and lowers the threshold, but is also directly related to the change of resident status, which is undoubtedly a huge temptation for young people who are eager to put down roots in a new city. The implementation of these policies has stimulated the local real estate market in the short term, and in the long run, it aims to build a more diversified talent structure and inject fresh blood into the sustainable development of the city.

20+ cities are throwing 'buy a house and settle down', will the first-tier cities follow up? Expert: Full of suspense
20+ cities are throwing 'buy a house and settle down', will the first-tier cities follow up? Expert: Full of suspense
20+ cities are throwing 'buy a house and settle down', will the first-tier cities follow up? Expert: Full of suspense

Tier 1 cities: Wait and see what happens, or take the initiative?

In contrast, first-tier cities such as Beijing, Shanghai, Guangzhou and Shenzhen, due to their unique geographical location, abundant resources and broad development platforms, have always been highlands where talents gather. But at the same time, the strict hukou system and the high cost of living have also discouraged many talents. In the face of the strong "grabbing" of second- and third-tier cities, the attitude of first-tier cities is intriguing. On the one hand, they do not seem to be in a hurry to join this battle of "buying a house and settling down" by virtue of their own advantages; On the other hand, some experts pointed out that with the adjustment of urban development strategies and demographic changes, first-tier cities may adopt more flexible policies to attract and retain talents in the near future, including but not limited to making moderate relaxation in settlement policies.

Expert interpretation: the suspense of settlement policies in first-tier cities

Experts have different opinions on whether first-tier cities will follow up on the policy of "buying a house and getting a household registration", but they generally believe that there is a certain possibility. First of all, with the deepening of urbanization, first-tier cities are also beginning to face problems such as aging populations and rising labor costs, and the demand for young and high-quality talents is more urgent. Secondly, industrial upgrading is also underway in first-tier cities, and the demand for high-end talents in specific fields is particularly strong. At the same time, considering the unique population pressure, resource carrying capacity and impact on social stability of first-tier cities, any policy adjustment needs to be carefully considered and balanced with the interests of multiple parties.

Waiting for the future: a new trend in talent mobility

Whether it is the bold attempts of second- and third-tier cities, or the possible future actions of first-tier cities, they all indicate profound changes in the pattern of talent flow in China's cities. In this context, talents are no longer simply attracted by first-tier cities, but begin to make more rational choices based on diversified factors such as personal career planning and quality of life needs. For cities, this means that they need to continuously innovate talent attraction and retention mechanisms, build a more open and inclusive urban culture, and let talents feel a sense of belonging and the possibility of realizing value.

To sum up, the heated discussion triggered by the policy of "buy a house and get a household registration" is not only about the short-term fluctuations of the real estate market, but also touches on the deep-seated issues of urban development strategy and talent flow. The future of urban competition will be a comprehensive contest of talents, innovation capabilities and urban soft power. For each of us, this is undoubtedly an era full of opportunities and challenges, and choosing which city to grow with may become an important decision that will affect our lives.