The restricted area is Xi 'an municipal district (20 1 1). On February 25th, Chen Baogen, Mayor of Xi, presided over the executive meeting of the municipal government to convey the spirit of the national conference on studying affordable housing projects. The "Notice on Further Strengthening the Regulation of the Real Estate Market" was discussed and passed in principle, clearly stipulating that residents in this city should limit the purchase of two suites and prohibit the purchase of more than three houses, and the minimum down payment for the second mortgage should be 60%. The restricted purchase area of Xi 'an is Xi 'an municipal district (Xincheng District, beilin district, Lianhu District, Yanta District, Baqiao District, weiyang district, yanliang district, Lintong District and Chang 'an District), and Zhouzhi, Lantian, Huxian County and Gaoling County are not within its regional scope. Combined with the previous regulation and implementation of Xi municipal government, and compared with the implementation rules of purchase restriction issued by other cities recently, the types of purchase restriction orders are interpreted in detail. The types of this purchase restriction are limited to newly-built commercial houses and second-hand houses, and apartments, office buildings and shops are not included in the purchase restriction. The purchase restriction order recognizes that families do not recognize household registration. It is clearly pointed out in this purchase restriction that households with Xi household registration (including couples and minor children) own 1 house, households with non-local household registration own 2 or more houses, and households with non-local household registration own 1 house. It is actually defined by family. For example, if two generations are registered in a household registration book, they can be identified as independent families as long as they are over 18 years old. The purchase restriction order does not prevent people who own more than two houses from continuing to buy houses. The purchase restriction order did not completely shut out the families in this city who already had two houses under their names, but they had to sell one suite to buy a new house. There is still room for investment and speculative property buyers in policy. Relocation and resettlement of relocated households are not limited by the number of sets. In Xi 'an, an international metropolis, it is imperative to rebuild 83 villages in the city. For families whose houses are demolished due to urban construction, there is no provision in this purchase restriction policy, that is, there is no restriction on the number of sets of resettlement. The impact of purchase restriction on Xi' an real estate market Xi' an purchase restriction order It is expected that there will be a small blowout in the transaction volume of the property market in the short term, and citizens who are still qualified to buy houses are likely to seize the opportunity to enter the market. Meicheng organization believes that the purchase restriction order has also released a certain "quasi-purchase" signal, and it is almost common sense that house prices cannot be greatly lowered for a long time. This purchase restriction policy will also accelerate the wait-and-see decision of some buyers. From the macro-strategy point of view, this regulation is the continuation of the government's previous regulation strategy of "exchanging time for space": on the one hand, it changes the market transaction structure through measures such as purchase restriction order to buffer the rise of housing prices, on the other hand, it accelerates the supply of small and medium-sized commercial housing and affordable housing, and improves the multi-level housing supply structure.