The General Office of the Shanghai Municipal People's Government issued a notice on the city's implementation of:

"Notice of the General Office of the State Council on Issues Concerning Further Improving the Regulation of the Real Estate Market"

Shanghai Fubanfa [2014] No. 6

All district and county people's governments, all municipal government committees, offices and bureaus:

"About this city's implementation of the "State Council Office" The "Implementation Opinions of the Department's Notice on Issues Concerning Further Improving the Regulation of the Real Estate Market" has been approved by the municipal government and is now issued to you. Please follow it carefully and implement it.

Shanghai House Purchasing Policy 2014

1. Suspension of third-home loans: Commercial banks will conscientiously implement the down payment ratio and loan interest rate for households purchasing commercial housing according to the central bank and China Banking Regulatory Commission. The latest regulations stipulate that housing loans will be stopped for those who purchase a third or higher house with a loan.

2. Each household is limited to purchasing one house in Shanghai: It is tentatively decided that resident families in this city and other provinces and cities can only purchase one new commercial house (including second-hand housing) in this city. If you purchase a house in violation of the regulations, the real estate registration agency will not accept the real estate registration.

3. Early listing of relocation housing: In order to increase the supply of ordinary commercial housing, the relocation housing (supporting commercial housing) allocated to households that have been relocated will be allowed to be listed and traded for a period of five years after obtaining the real estate certificate. Over 3 years.

4. Pay close attention to the pilot work of property tax: In accordance with the national requirements for accelerating the pilot project of property tax reform, this city will actively make preparations for the pilot project of property tax.