2. The purchase restriction order includes both purchase restriction and loan restriction. If it is a local household registration, you can only buy two houses at most, and you are not allowed to apply for a second house. If you are a foreigner, you need to meet the relevant conditions before you can buy real estate in this city.
3. Policies have also been initiated on the loan issue, such as increasing the down payment ratio, and the down payment ratio of the second suite has also increased. Through such measures, we can effectively control the real estate market and make it develop steadily for a long time. The ultimate goal is to show that the house is for living, not for speculation.
Real estate purchase restriction policy:
(1) Beijing
1. Beijing 1 Housing (including new commercial housing and second-hand housing) purchase restriction:
(1) Households with 1 apartment registered in this city (including families of servicemen and armed police stationed in Beijing, and families with valid work residence permits in Beijing);
(2) Non-registered families who hold valid temporary residence permits in this city, have no housing in this city, and have paid social insurance or personal income tax continuously in this city for more than 5 years (inclusive).
2. Suspension of sales to Beijing:
(1) Households with two or more houses registered in this city;
(2) Non-local registered households with 1 apartment or above;
(3) Non-local registered families who cannot provide valid temporary residence permits and have paid social insurance or personal income tax payment certificates in this city for more than 5 years (inclusive).
② Shanghai
1. Shanghai 1 House purchase restriction:
(1) Households with 1 apartment registered in this city;
(2) Non-local registered families who have paid social insurance or personal income tax for five years or more in this city are restricted to purchase 1 house.
2. Suspend the sale of houses to them in Shanghai;
(1) Households registered in this city who already own two or more houses in this city;
(2) Non-local registered households with 1 apartment or above;
(3) Non-local registered families who cannot provide proof of paying social insurance or personal income tax in this city for five consecutive years or more.
Legal basis:
People's Republic of China (PRC) Civil Code
Article 209 The establishment, alteration, transfer and extinction of the real right of immovable property shall take effect after being registered according to law; Without registration, it will not take effect, except as otherwise provided by law.
Natural resources owned by the state according to law may not be registered.
Article 210 The registration of immovable property shall be handled by the registration institution where the immovable property is located.
The state implements a unified registration system for real estate. The scope, organization and method of unified registration shall be stipulated by laws and administrative regulations.
Article 211 When applying for registration, the parties concerned shall provide the ownership certificate, real estate boundary and area and other necessary materials according to the different registered items.
Article 217 The certificate of ownership of immovable property is the proof that the obligee enjoys the real right of immovable property. The items recorded in the certificate of real estate ownership shall be consistent with the real estate register; If the records are inconsistent, unless there is evidence to prove that the real estate register is indeed wrong, the real estate register shall prevail.