In view of the changes in the real estate market in recent years, the state has taken a series of corresponding measures to alleviate them. Following the New Deal issued by Beijing, Guangzhou, Shijiazhuang and Zhengzhou on March 17, the General Office of Changsha Municipal People's Government issued the Notice on Further Promoting the Stable and Healthy Development of the Real Estate Market on March 18. The main contents include: implementing regional housing purchase restriction, implementing differentiated housing credit policy, strengthening real estate market supervision, and increasing the effective supply of ordinary commodity housing. Changsha's policy of restricting loans and purchases will be implemented as of the date of issuance of the notice. A new round of regulation has begun!

This is the latest version of Hong Kong's regulation of the real estate market since the "Dragon Seven Articles" on June 25th last year. According to incomplete statistics, since February 28th, at least 16 cities in China have started or upgraded the loan restriction and purchase restriction. This time, Changsha's restrictions on loans and purchases are also in response to domestic trends!

Restrict purchase

Non-Changsha household registration households are restricted to purchase one set.

The "Notice" proposes that this time Changsha will restrict loans and purchases, and suspend the sale of new commercial housing to non-local households that already own 1 set or above. The restricted loan and purchase areas in Changsha are Tianxin District, Tianxin District, Yuelu District, Kaifu District, Yuhua District, Wangcheng District and Changsha County (Changsha Economic Development Zone and Xingsha District).

The "Notice" requires that there is no house within the scope of urban household registration: households with household registration in Changsha City, Hunan Province have continuously paid personal income tax and social insurance certificates 12 months to buy a new set of commercial housing; Families registered in provinces, municipalities and districts that introduce talents and provide public services can buy a new set of commercial housing after being proved by relevant departments; A new set of commercial housing in Hunan Province outside Changsha City, Hunan Province. The tax department and the human resources and social security department are responsible for the strict examination of tax vouchers and social insurance vouchers. Proof that individual income tax or social insurance payment is not recognized.

Restrict loans (for [something])

Regarding the measures of restricting purchases and loans in Changsha this time, under the current policies in Changsha, it can have an immediate effect in alleviating market panic, stabilizing the market and stabilizing housing prices. The demand for non-urgent use and weak ability to pay will be delayed, and the transaction volume of the property market will decline. People also hold a wait-and-see attitude towards the property market, and we will continue to pay attention to this situation and provide you with first-hand effective information. I hope everyone will continue to pay attention to us!