As November comes to an end, 2016 is about to usher in a cold December. 2016 is also coming to an end. I wonder if you have achieved the goals you set for yourself this year? Next year, do you plan to continue to travel abroad or do you plan to settle down? If you plan to settle down, Chongqing must be your best choice.

With the advantage of housing prices, you will have no worries about living in Chongqing

Chongqing’s housing prices are not high, which is widely recognized across the country. At this year's Autumn Fair, the average transaction price of commercial housing in Chongqing was only 7,280 yuan/square meter. Compared with Tianjin, Hangzhou, Chengdu and other cities that are also new first-tier cities, housing prices are much lower.

In 2015, the national commercial housing price-to-income ratio was 7.2, and it was as low as 6.3 in Chongqing. This means that although the income of Chongqing residents is not as good as that of some eastern cities, it is much easier for Chongqing people to buy houses than they are.

It’s easy to settle down, and you don’t have to worry about being a Chongqing native

If you are a person from other places who come to Chongqing to work hard, and you don’t want to just live in Chongqing from now on, but also want to settle down and take root in Chongqing, this is also It's not a difficult thing. According to the requirements of the latest "2016 Chongqing Hukou Settlement and Migration Policy" in 2016, even if you want to settle in the urban functional core area with the highest requirements, the requirements are not high. If you want to settle in the urban functional expansion area, the requirements will be further reduce.

Policy green light, easy to buy a house without worries

Since this autumn, some major large and medium-sized cities across the country have successively re-enacted purchase restrictions, affecting a large number of people. Under such circumstances, Chongqing's property market still maintains a policy of no purchase restrictions and no restrictions on purchases, and is known as "a breath of fresh air" in the national property market.

There was also a change in personal housing loans in Chongqing at the beginning of this year. After the new housing loan policy, for commercial personal housing loans for households to purchase ordinary houses for the first time, the minimum down payment ratio was adjusted from no less than 25% to no less than 25%. The minimum down payment ratio is adjusted to 20%; for households that own one house and have outstanding home purchase loans and apply for a commercial personal housing loan to purchase an ordinary home in order to improve their living conditions, the minimum down payment ratio is adjusted from 40% to 30%. In other words, according to the bank's policy, now citizens can purchase a first home with a mortgage, and the down payment can be as low as 20%; and to purchase a second home with a mortgage, the down payment can be as low as 30%. As for the personal mortgage interest rate after the implementation of the new personal mortgage loan policy, the first home loan interest rate is still comprehensively determined based on the personal credit status of the borrower, and you can enjoy up to a 10% discount on the benchmark interest rate, that is, the loan interest rate is 4.41%.

(The above answer was published on 2016-12-14, please refer to the actual current relevant home purchase policies)

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