On the evening of April 22, Jingzhou issued a notice on stopping the implementation of "Several Opinions on Effectively Responding to the Epidemic and Promoting the Stable and Healthy Operation of the Real Estate Industry". According to the notice, the municipal government decided to stop implementing the Opinions of Jingzhou Municipal People's Government on Effectively Responding to the Epidemic Situation and Promoting the Stable and Healthy Operation of the Real Estate Industry (Zheng Jingfa [2020] No.6) as of the date of issuing this notice, because it was inconsistent with some provisions of the Notice of the General Office of the Provincial People's Government on Printing and Distributing Several Measures to Promote the Stable and Healthy Development of the Construction Industry and the Real Estate Market.

As the above-mentioned Opinions put forward the policy of "reducing the down payment for second homes", netizens are worried about the "one-day tour" policy.

The "Opinions" clearly stated that the down payment ratio of commercial personal housing loans for households to purchase ordinary commercial housing for the first time is not less than 20%; For households that own 1 apartment and the corresponding purchase price has not been settled, in order to improve their living conditions, they should apply for commercial personal housing loans again to purchase ordinary commercial housing, and the down payment ratio should be no less than 30%. The maximum amount of personal housing provident fund loans will be raised from 450,000 yuan to 500,000 yuan; Buy new commercial housing in Jingzhou before June 30, and return the deed tax in full.

For enterprises, it is suggested that enterprises with difficulties in production and operation affected by the epidemic can apply for deferred payment of housing provident fund before June 30, 2020, and the payment time during the deferred payment period will be calculated continuously, which will not affect employees' application for loans. For corporate loans, repayment and interest will be postponed.

Prior to this, when purchasing the first commercial house in Jingzhou, the down payment ratio was generally not less than 30%, and only some properties were not less than 20%. When buying a second suite, the down payment ratio is generally not less than 50%, and some properties are not less than 40%.

Yan Yuejin, research director of the think tank center of Yiju Research Institute, said that the policy suspension is from obvious relaxation to relatively tight regulation, indicating that the government is still cautious. He believes that Jingzhou, as a city greatly affected by the epidemic in Hubei Province, it is expected and necessary to relax the policy. This time, it is in conflict with the policy issued by Hubei Province, and in order to be consistent with the caliber of the province, it is stopped. However, this does not mean that there is no room for policy relaxation. After the episode, all localities will still introduce policies to promote the development of the property market. As long as we persist in living and living and ensure the stability of the property market, all localities can still make adjustments according to the actual situation after the two sessions, which is also conducive to destocking and reducing the pressure on housing enterprises. Yan Yuejin predicted that June may become the peak season for transactions.

On April 20th, the same day that the policy was issued in Jingzhou, Hubei Province issued the Notice on Measures to Promote the Stable and Healthy Development of the Construction Industry and the Real Estate Market, in which 17 was about promoting the stable and healthy development of the real estate market.

For real estate enterprises, the circular pointed out that for real estate enterprises that are greatly affected by the epidemic and have development prospects but temporarily encounter difficulties, financial institutions will not blindly lend, cut off loans or pressure loans, and support enterprises to maintain the stability of the capital chain. For real estate enterprises that are seriously affected by the epidemic and have difficulty in repaying due loans, financial institutions are encouraged to extend or renew loans in a market-oriented way and continue to provide financial support for enterprises. Provide financing support for powerful and reputable real estate development enterprises to merge and reorganize related enterprises or projects.

For property buyers, the Notice mentioned that differentiated personal housing loan services should be improved. Support financial institutions to speed up the approval and issuance of individual housing loans to meet the reasonable financing needs of residents. For those who are hospitalized or isolated in COVID-19, those who participate in epidemic prevention and control, and those who temporarily lose their source of livelihood due to the epidemic, financial institutions should flexibly adjust the repayment arrangements of personal credit such as housing mortgage and reasonably postpone the repayment period. Encourage financial institutions to negotiate with borrowers, and appropriately reduce the interest on individual housing loans for those who temporarily lose their sources of livelihood due to the epidemic, so as to reduce the pressure on repayment funds. All financial institutions should conscientiously implement the reform requirements of the loan market quotation (LPR), do a good job in the conversion of the existing individual housing loan pricing benchmark, and support residents to reduce interest expenses during the downward period of market interest rates.

Zhang Dawei, chief analyst of Zhongyuan Real Estate, pointed out that this is the seventh short-lived city policy after Qingdao, Haining, Guangzhou, Jinan, Baoji and Zhumadian.

According to the statistics of the Central Plains Real Estate Research Center, as of the first half of April, the real estate regulation and control policies throughout the country continued to be released frequently, and the cumulative number of regulation and control policies issued during the month reached more than 30 times, most of which were related to talent policies. In addition, on April 20th, the 5-year LPR cut interest rates by 65,438+00 basis points.

Zhang Dawei also believes that under the influence of the epidemic, the strict real estate regulation in the past should be adjusted, especially in line with the principle of housing and not speculating, and certain policies should be introduced for the just-needed and improved ones, which will not violate the principle of property market regulation and will not have much impact on the market, but it will include loosening policies such as greatly reducing down payment, which is a great progress. At present, most policies to save enterprises can be implemented for the adjustment of purchase restriction policy, talent policy and provident fund policy. On the whole, the property market policy continues to be frequent, and the temptation of loosening policies in cities around the world will still appear frequently. Local governments do not consider the policy before it is introduced, but take it back at will after it is introduced. For the market, the interference is very serious.