On September 4, the Hangzhou Municipal Housing Security and Real Estate Administration website reported that in order to implement the requirement that "houses are for living in, not for speculation", support reasonable self-occupancy needs and curb speculation Real estate speculation to promote the stable and healthy development of the real estate market in Hangzhou. The Office of the Leading Group for the Stable and Healthy Development of Real Estate in Hangzhou issued the "Notice on Further Promoting the Stable and Healthy Development of the Real Estate Market" (referred to as the "Notice"), which regulates the land market, housing loans, tax policies, Further clarifications have been made on purchase restriction policies, identification of households without houses, etc., and the "Notice" will come into effect on the date of issuance.
According to statistics from the Shell Research Institute, the cumulative residential land transactions in Hangzhou from January to August increased by 21.3% year-on-year, and the cumulative area of ??new home transactions from January to August increased by 10.9% year-on-year. According to data from the Qianjiang Evening News Home Buying Bao, 10,144 second-hand houses were sold in urban Hangzhou (excluding Lin'an) in August (data statistics as of 18:00 on August 31). Although it fell by about 10% from 11,374 units in July, it still stood at the 10,000-unit mark, becoming the fifth "more than 10,000 months" this year. It also set a record for the longest consecutive "more than 10,000 months" in Hangzhou's second-hand housing market. .
The number of college students settled in Hangzhou in the first seven months has exceeded the whole of last year
At the same time, the introduction of talents in Hangzhou has hit a new high. According to Zhejiang News Client, as of the end of July 2020, the number of newly introduced college students under the age of 35 in Hangzhou this year reached 234,072, exceeding the 211,913 in 2019.
Jing Haiyan, chief analyst of Zhejiang Zhongyuan, mentioned that after the epidemic subsided this year, Hangzhou’s real estate market has been active, and some hot real estate projects have also seen “thousands of people shake”. This is mainly due to some new projects and surrounding second-hand There is a phenomenon of upside down prices of first and second-hand houses in real estate. As the market heats up, the heat has also spread to the land market. Therefore, the Hangzhou property market has performed well after resuming work this year.
"The regulatory tone of the policy is to 'support reasonable self-occupancy demand and curb speculation in real estate speculation'. There are tightening measures and relaxations. Generally speaking, the demand for real estate speculation has been suppressed, and at the same time, the demand for real estate speculation has been suppressed. Family home buying has been provided with support and regulation,” industry insiders pointed out.
This time the Hangzhou property market’s purchase restriction policy has been upgraded. The "Notice" improves the housing purchase restriction policy and clarifies that those who settle in this city as parents and adult children must settle in the city for three years before they can purchase new commercial housing and second-hand housing within the city's purchase restrictions as independent home-buying families.
“This rule actually blocks the channel for people to settle down and speculate on real estate. The implication is that parents who subsequently settle down for their children cannot purchase a house immediately, preventing families from speculating on real estate.” Research by a certain residence Yan Yuejin, Research Director of the Institute’s Think Tank Center, said.
According to the original policy, home buyers who settle in the restricted purchase range in Hangzhou can purchase new commercial housing and second-hand housing within the restricted purchase range in Hangzhou by means of their parents joining their adult children; House buyers who settle in Hangzhou's non-restricted areas (Lin'an, Tonglu, Jiande, Chun'an) can purchase newly built commercial housing and second-hand housing within the restricted area of ??Hangzhou after two years of settlement. In addition, the "Notice" requires strengthening land market regulation, increasing the supply of residential land, optimizing the supply structure, and continuing to implement the "limited housing price and competitive land price" transfer method for residential land. At the same time, the land transfer plan and the construction status of the transferred land must be disclosed regularly to accept social supervision.
At the same time, the "Notice" requires strengthening the prudent management of housing loans. First, strictly implement differentiated housing credit policies and strengthen borrower qualification reviews; second, strictly implement income recognition standards and monthly payment-to-income ratio requirements, and accurately Verify the true income of the borrower; third, strictly examine the source of down payment funds for house purchase, and strictly prevent consumer loans, personal operating loans, etc. from being used for house purchase in violation of regulations.
Houseless households must hold the property for 5 years
The "Notice" clarifies that the tax policy will be further unified. Purchases of newly built commercial housing within the city can only pay when applying for the real estate certificate of the house. Deed tax.
The "Notice" also adjusted the identification standards for non-householding families, relaxed the identification of non-householding families, and mainly added two types of non-householding families: First, unmarried singles over 30 years old and living in this city Home buyers who do not have a record of owning a house within the scope of the purchase restriction; secondly, house buyers who have been divorced and single for three years and have no record of owning a house within the scope of the city's purchase restriction for three years can be recognized as households without a house.
According to regulations, from the date of issuance of the "Notice", households without a house can sign up for priority housing selection for newly approved pre-sale (sale) commercial housing.
However, the "Notice" also clearly strengthens the sales management of hot commodity housing projects. For hot commercial housing projects, real estate development companies should formulate sales plans based on the principle of giving priority to meeting the house purchase needs of households without houses, and increase the housing supply tilt ratio for households without houses. For commercial housing projects with a housing supply tilt ratio of 80%, priority will be given to households without houses. Housing acquired through purchase shall not be listed for trading within 5 years from the date of online signing and filing of the sales contract.
“This policy clearly states that houses acquired by households without houses through priority purchase shall not be listed for trading within 5 years from the date of online signing and filing of the sales contract. This is a relatively special sales restriction policy. For families without a house, they can enjoy preferential treatment for subsequent home purchases, that is, priority subscription, but this does not mean that this group of people can speculate in houses. This policy has blocked a loophole in Yougou and requires this. You must hold the property for 5 years after you buy it. This also prevents households without houses from borrowing money to speculate on houses." Yan Yuejin said.
It is worth mentioning that this policy echoes the "Hangzhou further clarifies the relevant requirements for notarization, lottery and public sale of commercial housing" issued by Hangzhou in July this year. At that time, the policy also clarified the five-year sales limit for talents purchasing houses. Regulation.
Chen Xiao, an analyst at Zhuge Housing Data Research Center, mentioned that in response to the overheating of Hangzhou’s property market, relevant control policies were introduced in July. This Hangzhou New Deal is mainly to improve and supplement previous real estate policies. , further hitting real estate speculators.
Eight cities have introduced property market control measures
In addition to Hangzhou, Dongguan, Guangdong has also recently issued detailed rules for purchase and sale restrictions. On September 3, the Dongguan Municipal Housing and Urban-Rural Development Bureau of Guangdong Province jointly issued the "On Further Implementing the Purchase Restrictions on Commercial Housing, Notice on the Transfer Restriction Policy (Dongjian [2020] No. 8)", in order to standardize the implementation of the purchase restriction and transfer restriction policy of commercial housing, the identification of in-transit transactions and purchase restriction details are introduced. It is clarified that commercial housing that has completed online signing between 0:00 on April 11, 2017 and 24:00 on July 24, 2020 must obtain the real estate certificate for 2 years before it can be traded and transferred (including gifts); 0:00 on July 25, 2020 For commercial housing that has been signed online after that time, the real estate certificate must be obtained for 3 years before it can be traded and transferred (including gifts).
According to incomplete statistics, since July this year, cities including Hangzhou, Dongguan, Ningbo, Inner Mongolia, Shenzhen, Nanjing and other cities have successively introduced tightening policies on property market control, mainly to crack down on fake settlements, fake divorces, and fake Talent.