Release the property market regulation policy in many places
Since April, the property market regulation policies have been released in many places. Among them are Zhengzhou, Lanzhou, Fuzhou, Changsha, Nanjing, Suzhou and other large and medium-sized cities, as well as many third-and fourth-tier cities. Its control measures mainly focus on supporting rigid and improved housing demand and boosting housing consumption.
-reduce the down payment ratio of house purchase. At present, buyers are mostly in a wait-and-see state because of many factors such as the threshold for buying a house and their own income level. Reduce the down payment ratio and lower the threshold for home ownership.
Guiyang, Guizhou, Lianyungang, Jiangsu and Langfang, Hebei recently issued notices to implement the 20% down payment policy for the first suite. Xuzhou, Jiangsu recently issued a document to encourage financial institutions to reduce the down payment ratio of first-time home purchases without housing and loans and second-home purchases without housing and loans.
-increase the support for purchasing houses from provident fund. According to the statistics of Zhuge Housing Search Data Research Center, more than 30 cities have adjusted their provident fund policies this year. Cities such as Luzhou, Sichuan, Yangzhou, Jiangsu and Yancheng have issued policies to raise the maximum amount of provident fund loans for the first home to 600,000 yuan, and Nanyang, Henan and other cities to 800,000 yuan. Zhenjiang, Jiangsu, Yinchuan, Ningxia and other cities. It also reduces the down payment ratio of improved homebuyers who use provident fund loans again.
-cut the mortgage interest rate. The central bank and the China Banking and Insurance Regulatory Commission lowered the lower interest rate limit for the first home, further reducing the cost of home ownership. It is worth noting that the criteria for determining the interest rate of the first home loan have been adjusted in many places, and the policy of "recognizing loans but not recognizing houses" has been adopted, that is, families who have settled their loans will apply for the first home loan again. Jiangsu Xuzhou, Lianyungang and other places have also issued documents to encourage banks to increase their support for second-hand housing transactions and shorten the loan approval cycle.
-reducing or exempting taxes and fees, and granting housing subsidies. In some places, there are tax incentives such as value-added tax and deed tax, and some local governments directly issue housing subsidies to boost the demand for just-needed and improved housing. In addition, some places have also adjusted the scope of purchase restrictions and shortened the sales restriction period.
Support reasonable housing demand
On April 29th, the the Political Bureau of the Communist Party of China (CPC) Central Committee meeting proposed that houses should be used for living, not for speculation, support local governments to improve real estate policies according to local conditions, support rigid and improved housing demand, optimize the supervision of pre-sale funds of commercial housing, and promote the stable and healthy development of the real estate market.
Since the beginning of this year, although the national real estate market is generally stable, it is expected to weaken and the downward pressure on commercial housing sales will increase due to factors such as the rebound of epidemic situation, the exposure of default debts of individual head housing enterprises and the decline of personal income expectations.
According to the data of the National Bureau of Statistics, from/kloc-0 to April, the national commercial housing sales area was 397.68 million square meters, down 20.9% year-on-year; The sales volume of commercial housing was 3,778.9 billion yuan, down by 29.5%.
Experts believe that from the year-on-year changes in housing prices, the number of cities with falling housing prices has an increasing trend, and the confidence of buyers has yet to be restored.
Ding Zuyu, CEO of Yiju Enterprise Group, said that the current market turnover is still at a low point, and all localities need to make efforts on the accuracy of regulation.
The latest financial statistics show that household loans decreased by 21700 million yuan in April. Among them, housing loans decreased by 60.5 billion yuan.
The person in charge of the marketing of a brand of real estate enterprises believes that starting with measures such as reducing down payment, lowering interest rate and expanding the use scope of provident fund will help meet the real and reasonable needs of just-needed and improved buyers.
Mr. Zhang, who lives in Nantong, Jiangsu Province and does business in Qingdao all the year round, said that he had to rent a house to solve the housing problem because he could not move his hukou to Qingdao. "I hope to buy a suite in Qingdao, but due to the high threshold of the non-registered population's purchase policy and the implementation of the five-year sales policy, there are not many second-hand housing options in the market."
Liu ling, a researcher at China Macroeconomic Research Institute, believes that while keeping the risk bottom line, all localities should make appropriate adjustments to the previous contractive control policies to better support the first set of rigid housing demand and reasonably improve demand, and encourage new citizens, young people and other groups to make housing consumption.
Insist on "housing without speculation" to promote the stable and healthy development of the property market
At present, the position that "the house is for living, not for speculation" is a social cognition. This positioning has not wavered, and the strength has not been relaxed. All localities cannot leave this position and direction because of the city's policy. The key is to continue to implement the long-term mechanism of real estate and enhance accuracy and coordination.
The reporter's investigation found that in addition to the low cost of buying a house and the long loan period, the reason why buyers are unwilling to sell in the short term lies in the concern about the risk of uncompleted residential flats.
It is generally believed in the industry that the "breaking point" of the deadlock in the property market lies in stimulating potential demand, thus revitalizing the housing stock, activating the liquidity of real estate assets and ensuring that policies can be implemented in time.
"With running water, customers will gradually come back." A person in charge of a chain store in Beijing said that with the further improvement of the credit environment in the real estate market, the confidence of buyers has been boosted.
Relevant industry insiders suggest that the regulatory authorities should implement classified control over real estate enterprises and provide necessary relief protection for real estate enterprises that can achieve a virtuous circle and healthy development due to enterprise policies; Strictly supervise enterprises with poor management, blind expansion, high leverage, high debt and easy to cause social risks, prevent projects from "unfinished" and protect the legitimate rights and interests of buyers to the maximum extent.