Encourage talents to buy houses from the highest subsidy of100,000 yuan in Liangxi District, Wuxi, and get 100% deed tax subsidy for the first commercial house in Yiwu, Zhejiang. Many "real money and silver" began to enter the property market, encouraging everyone to buy houses.
Talents and families with many children are the focus of subsidies.
Recently, the news that "bricklayers get 500,000 housing subsidies" has attracted a lot of attention. According to the new talent policy issued in 20021,Chen Hongwei, a bricklayer in Lishui, Zhejiang Province, was awarded the honorary high-level talent of "Zhejiang Technical Expert" at the provincial level, enjoying a talent allowance of 60,000 yuan and a housing subsidy of 500,000 yuan.
Talent housing subsidy is the focus of the recent property market policy. Among them, the most interesting thing is the New Deal issued by Liangxi District, Wuxi, Zhejiang Province. The highest subsidy for talents to buy a house is100,000 yuan, which ranks among the best in the national housing subsidies.
"For a city like Wuxi, with strong economic strength, there are naturally more financial support actions in terms of subsidies. Policies similar to subsidies have also become a means of recruiting talents and reducing the cost of buying houses. " Yan Yuejin, research director of the think tank center of Yiju Research Institute, pointed out.
In addition to the "green light" for talents to buy houses, families with many children have also become the focus of this round of subsidies. It is found that the areas where direct subsidies are given are particularly concentrated in Sichuan Province.
Luzhou, Sichuan mentioned in the recently released policy that families who have two or three children according to the national birth policy will be given a one-time purchase subsidy of 2% of the total purchase price if they buy the first or second set of new commercial housing within the construction land of the central city; Mianyang, Sichuan, gives families with two or three children a financial subsidy of 200 yuan per square meter, with a maximum of 20,000 yuan for a single family. In addition, Dazhou and Zigong in Sichuan have also introduced similar policies.
Shangrao, Jiangxi has made it clear that families with two children and three children who are permanent residents of Shangrao and whose children are under the age of 18 will be given preferential treatment of 300 yuan/m2 and 500 yuan/m2 respectively.
"This will effectively meet the reasonable housing needs of buyers, especially families with two or more children, alleviate the pressure of housing difficulties and housing shortages of families with many children, and at the same time enhance the activity of market transactions, which is also conducive to promoting the implementation of population and family planning policies." Bai Wenxi, chief economist of IPG China, said.
In addition to targeted subsidies, there are many "sunshine" housing subsidy policies. For example, Tongzhou District of Nantong City stipulates that employees with stable employment in enterprises in the area will be given a maximum subsidy of 2% of the total house price if they purchase the first set of newly-built ordinary commercial houses in the area.
Sichuan Leshan New Deal shows that anyone who buys the first set of new commercial housing will enjoy a subsidy of 8,000 yuan per set; Anyone who buys a second set of newly-built commercial housing will enjoy a housing subsidy of RMB 12000 per set.
Deed tax subsidy, the highest exemption.
In addition to direct subsidies, the deed tax expenditure that buyers consider is also the focus of this round of subsidy adjustment. According to the financial revenue and expenditure in the first quarter of 2022 released by the Ministry of Finance, the deed tax revenue in the first quarter was 158 1 billion yuan, down 22.4% year-on-year, which is considered as a signal that the current real estate market is under pressure.
On May 30th, Wuxi, Jiangsu Province issued a document to encourage the purchase of pre-sale (sales) commercial housing. If a commercial housing sales contract is signed and put on record within one year after the issuance of the Notice, the location of the development project will be given a housing subsidy that has paid 50% of the deed tax.
On May 26th, in the New Deal issued by Yiwu, Zhejiang Province, from now until the end of 2022, citizens who buy commercial housing in Yiwu will receive deed tax subsidies ranging from 60%- 100%. It is also the highest standard of this subsidy policy to purchase the first set of commercial housing from May 26, 2022 to September 30, 2022 and give subsidies according to the local retained part of the deed tax paid.
Taiyuan, Shanxi has issued more comprehensive deed tax subsidy rules. From May 20, 2022, the first set of housing with an area of less than 90 square meters will be fully subsidized by the government. The first house covers an area of 90-143m2 (inclusive), and the deed tax is paid at 80% of the financial subsidy, and the area above143m2 is paid at 50% of the financial subsidy.
Hubei Daye New Deal directly stipulates that 100% deed tax subsidy will be given to those who purchase new commercial housing and pay deed tax within the administrative area of daye city (excluding Huangshi Trust Area).
"Future policies include increasing residents' income through financial subsidies, tax cuts and other policies, reducing the debt repayment burden of those who have bought houses, reducing the rent payment burden of renters, and maintaining normal consumption expenditure. "Xu Xiaole, chief market analyst of RealData, believes that it is the key to reverse market expectations at present, so as to prevent demand from shrinking due to intensified price drop expectations.
According to the research of China Middle Finger Research Institute, second-tier cities and third-and fourth-tier cities are the main cities providing housing subsidies at present. First-tier cities focus on fine-tuning policies, while weaker third-and fourth-tier cities relax their loan policies to the lowest level stipulated by national policies, which is the strongest in this round of policy tide.
"The policies related to deed tax and house purchase subsidy will reduce the cost of home ownership for buyers, help release potential just-needed and improved demand, enhance market vitality and play a positive role in stabilizing the development of the real estate market." Chen Wenjing, director of market research in the Index Department of the Central Reference Institute, believes that from the current policy effect, some cities have little subsidies and their role in boosting the market is limited. Paying housing subsidies combined with more optimization policies may play a better role.