Housing reform is a kind of compensation that the state does not include housing consumption funds in the wages of employees, and it is a form of transition from housing system to housing commercialization. The price is not determined by the relationship between supply and demand in the market, but sold at standard price or cost price, and its sales target is residents living in single-purpose public houses and employees who meet the housing allocation conditions.

Can I borrow money for housing reform?

Housing reform loan refers to the loan obtained by the borrower from the bank with the saleable public housing purchased from the housing property unit as collateral according to the national housing reform policy.

Housing reform, also known as purchased public housing, refers to the right to use housing obtained in the era of welfare housing distribution, and the right housing obtained after residents pay a certain amount. After obtaining the right, the purchased public houses can be transferred as commercial houses in the market. When this kind of real estate is listed and traded, the buyer shall pay the land transfer fee according to the product of 1% of the current cost price and the area. After paying the land transfer fee, that is, after the customer buys a house, the nature of the property changes, and the nature of the property changes from the purchased public house to the commercial house. You can mortgage the loan at any time. The purchased reformed housing must be self-owned housing with clear property rights, and the service life of the housing is generally not more than 20 years, and it is not within the scope of the demolition announcement.

Units in the form of welfare housing distribution of real estate, according to the relevant departments of the price as a type of personal property buyout. In the housing reform, only "cost price purchase" property can be directly listed and traded.