The reason for this is that the housing price in Zhengzhou is already at a high level, and fewer and fewer people can meet the requirements of buying a house. Although many young people want to buy their own houses, their wages are not enough to pay for such high housing prices. Under this circumstance, Zhengzhou has simultaneously started measures to restrict purchases and loans, further encouraging everyone to buy a house.
First, what is this thing?
This is the news about Zhengzhou's real estate measures. In order to further encourage people to buy houses and reduce the cash flow pressure of real estate developers, Zhengzhou began to implement a series of real estate loosening measures. After that, Zhengzhou became the first second-tier city to fully liberalize the purchase restriction and realize modernization. People's interest on applying for personal housing loans will be lower, and the down payment ratio of personal housing loans will also be reduced.
Second, the property market has not yet picked up.
This logic is actually very simple. It is precisely because there are fewer and fewer local buyers in Zhengzhou that Zhengzhou will introduce these measures to encourage everyone to buy a house. In fact, this situation is not formed in a short time, because fewer and fewer people can afford high housing prices, and this market does not have such strong purchasing power, so it is difficult for the property market to pick up in a short time.
Third, this is actually not a good phenomenon.
To some extent, it is not a good phenomenon to take the initiative to loosen the real estate market, because it just shows that the local real estate market is not good, and the local government needs to further encourage people to buy houses through these incentives. Although the housing price in Zhengzhou is not as high as that in first-tier cities, it is still difficult for many working-class people to buy their own houses in Zhengzhou. Especially for young people, young people very much hope that Zhengzhou's housing prices can fall further.