Because the real estate market in many cities is not good, the local real estate transaction volume is very small. In this case, many real estate enterprises have a hard time, and some real estate enterprises even face the risk of default. In order to further ensure the healthy development of the real estate market, cities like Dongguan will take the initiative to introduce property market control measures, all in order to further encourage everyone to buy a house.
Dongguan introduced measures to control the property market.
In order to boost the local real estate market, Dongguan has introduced a series of property market control measures. After that, Dongguan will further protect the housing demand just needed, and at the same time appropriately liberalize the purchase restriction of buyers. At the same time, many banks in Dongguan have also taken the initiative to reduce the interest rate of individual housing loans, and users can enjoy certain relief measures when applying for loans.
Many cities will follow up further.
The reason for this is mainly because the real estate market downturn is not only in Dongguan, but also in almost all cities. If we want to further stabilize the real estate market, many cities have to introduce measures to encourage everyone to buy a house, which will further protect everyone's basic housing needs. Especially for those families with two or three children, the families concerned can be allowed to buy additional commercial housing.
What is my personal opinion?
Personally, I think it is really possible to encourage the local real estate market through appropriate control measures, but we also need to really consider the pain points of buyers. For people who don't have a house, many people are not unwilling to buy a house, but have no ability to buy a house. If we can further reduce the housing prices in various regions and lower the interest rate of individual housing loans, I believe that the real estate market in many places will gradually pick up.