A few days ago, the Kunming municipal government issued a new policy on real estate regulation, and continuously played 25 sets of "combination boxing", which is the epitome of the current property market regulation in various places. Among them, the support of provident fund policy has also become an important market attraction.

Recently, many new real estate control measures are aimed at provident fund. According to incomplete statistics, since 2022, 20 housing enterprises have introduced new policies related to housing provident fund.

Increase the loan amount

The Opinions on Promoting the Real Estate Market to Stabilize Land Price and House Price issued by the Office of Kunming Municipal People's Government clearly states that the housing provident fund should be strengthened to support the reasonable demand for buying houses such as the first suite and improved housing, and the loan amount of the housing provident fund should be appropriately increased.

Although the opinions did not specify the specific amount of provident fund loans, some media reported that the property consultants of several intermediaries in Kunming issued the "Latest Provident Fund Policy in Kunming", which showed that from April of 18, the personal amount was adjusted from 300,000 to 500,000, and the contributions of dual employees were 800,000.

As a provincial capital city, Lanzhou, Gansu Province also explicitly proposed to increase the support of provident fund loans. Gansu Provincial Housing Fund Management Center and Lanzhou Housing Provident Fund Management Center raised the maximum amount of individual housing loans for housing provident fund from 600,000 yuan for married employees to 700,000 yuan; Single employees pay 500 thousand yuan to 600 thousand yuan.

Taizhou, Jiangsu Province has just comprehensively increased the amount of provident fund loans. The maximum amount of housing provident fund loans for dual employees will be raised from 400,000 yuan to 500,000 yuan, and the maximum amount of housing provident fund loans for single employees will be raised from 250,000 yuan to 300,000 yuan.

Yancheng, Jiangsu Province proposed that if all family members meet the loan conditions, the maximum loan amount will be adjusted from 400,000 yuan to 600,000 yuan; If only one person meets the loan conditions, the maximum loan amount will be adjusted from 200,000 yuan to 300,000 yuan.

Linyi, Shandong Province proposed that if both husband and wife pay the housing provident fund in full and normally, the upper limit of the loan for buying self-occupied housing will be raised from the current 500,000 yuan to 600,000 yuan.

The adjustment result of Sichuan Ziyang provident fund loan amount is: if both husband and wife pay housing provident fund, the maximum loan amount is 600,000 yuan; If the employee's family pays the housing provident fund unilaterally, the maximum loan amount is 400,000 yuan; High-level talents uniformly introduced and recognized by organizations and social departments have a maximum loan amount of 700,000 yuan.

According to the latest notice from Lishui, Zhejiang, the maximum amount of employees with double deposit is adjusted from 500,000 yuan to 700,000 yuan, and the maximum amount of employees with single deposit is adjusted from 250,000 yuan to 350,000 yuan.

Lower the down payment threshold

Zhongxin Finance found that the down payment ratio of the provident fund is more for the second suite, and 30% has become recognized as the "optimal solution" in many cities.

Guangxi District Housing Provident Fund Management Center has made it clear that if employees and families buy a second house or apply for provident fund loans for the second time, the minimum down payment ratio will be lowered to 30%.

Nanping, Fujian Province proposed that the down payment ratio of individual housing loans for the purchase of new ordinary commercial housing and the secondary use of housing provident fund in Nanping should be reduced from 40% to 30%.

Jingzhou, Hubei Province and Linyi, Shandong Province have also introduced similar policies, all of which have reduced the down payment ratio of second-home provident fund loans from 40% to 30%.

The downward adjustment in Tangshan, Hebei Province is even greater. It is clear that the minimum down payment ratio for employees to purchase a second set of self-occupied housing is adjusted from 60% to 30%.

Ziyang, Sichuan also reduced the down payment ratio of provident fund loans. Employees purchase the first set of ordinary self-occupied housing, and the minimum down payment ratio is 20%; Buy two sets of improved housing, and the minimum down payment ratio is 30%.

Lishui, Zhejiang Province stipulates that the minimum down payment ratio for employees to apply for housing provident fund loans for the first time to purchase the first set of self-occupied housing will be reduced to 20%.

"The reduction of the down payment ratio of provident fund loans has increased in cities, which fully reflects the current downward direction of the down payment ratio of provident fund loans, which has a greater stimulus or impact on the demand for improved home purchases and reflects the policy orientation of benefiting the people." Yan Yuejin, research director of the think tank center of Yiju Research Institute, believes.

Guarantee reasonable demand for house purchase.

"The policies and practices of provident fund adjustment in various places are very similar, mainly focusing on the loan amount, down payment ratio and loan life. In truth, it is to implement central and local policies and actively protect reasonable housing consumption demand. " In Yan Yuejin's view, the subsequent relaxation of provident fund policies in other cities across the country will basically follow this point.

Bai Wenxi, chief economist of IPG China, also believes that the orientation of these adjustment policies is to inject more purchasing power into the property market from the capital side to promote the recovery and recovery of the property market, and at the same time promote the relaxation of other supporting measures for the regulation of the property market, which will promote the activity of the property market and the recovery of industry information.

Since the central bank first mentioned the "two maintenance" of real estate at the end of September, 20021,the central government and ministries and commissions have frequently released positive signals, emphasizing the need to support the commercial housing market to better meet the reasonable housing needs of buyers, focusing on meeting the mortgage needs of the first suite and improved housing.

"Since the fourth quarter of 20021,many places have adjusted their provident fund policies, especially in cities where the real estate market activity is not high and buyers' home ownership sentiment is not high. Many of them are aimed at talents, new citizens and other groups. "Chen Wenjing, director of market research of the Index Division of the Central Reference Institute, pointed out that the adjustment of the provident fund has been continuously strengthened this year, and the coverage has been further expanded.

The protection of the provident fund policy for buyers is gradually reflected in more aspects. For example, Shanghai, Gansu, Jinan, Nantong and other places have issued documents saying that the provident fund loans affected by the epidemic will not be overdue.

Chen Wenjing believes that in the short term, it is expected that the real estate credit environment will continue to improve, and then more cities will follow up and adjust the provident fund policy. "However, the relaxation of the criteria for determining provident fund loans is more promoted in small and medium-sized cities, and the adjustment in big cities is not expected to be large."