According to official documents, the "one district, one policy" pilot project in Fangshan District is mainly aimed at housing support policies for families with many children and families with work-life balance.
This means that in the future, Fangshan District may provide certain provident fund loan support to families with two or three children, or appropriately reduce the down payment requirement for buying a second suite. In addition, for families with a balanced job and residence, they may also give some support in terms of mortgages and lowering the threshold for buying houses.
Earlier, it was reported that "Beijing will take Fangshan as a pilot and relax the policy of' recognizing housing and recognizing loans'". She believes that if the news is true, Fangshan District may make adjustments in the identification of housing loans and the down payment ratio of families with many children, such as reducing the down payment of second homes for families with many children and relaxing the restrictions on the number of housing units for families with many children.
Related information:
In recent six years, except for 202 1, the transaction area of commercial housing in Fangshan District is below 500,000 square meters. Among them, in 2022, the transaction volume of commercial housing in Fangshan District was 434,000 square meters, down 48. 1% year-on-year, significantly higher than that in Beijing (-25. 1%).
In the first quarter of 2023, due to factors such as low base and centralized online signing of some projects, the transaction volume of commercial housing in Fangshan District increased year-on-year, and the market sentiment recovered slightly. However, since April, the average daily transaction area of commercial housing in Fangshan District has decreased by 46.6% compared with the middle and late March, which is higher than the overall level of Beijing.
The short-term destocking and clearing cycle in Fangshan District is still relatively large. By the end of March 2023, the area of commercial housing for sale was10.032 million square meters, and the short-term inventory clearing cycle was 22.3 months (calculated by the average monthly sales area in the past six months), so the new housing market was under great pressure.
Pilot supporting policies in areas with relatively weak property market performance will help boost local market confidence and avoid the risk of excessive temperature rise in hot spots. The industry believes that this is also an important reason for the policy pilot to choose Fangshan District.