Jin Guanping
The property market regulation continued to increase.
On August 5 alone, the three cities of Hangzhou, Beijing and Chengdu launched new regulations on real estate regulation.
Hangzhou has further raised the threshold for buying a house.
The new measures clarify that if they have obtained Hangzhou hukou for less than 5 years, they need to pay two years of social security, and they can purchase a house in the purchase restriction area; the requirement of "non-residential registration + 4 years of social security" makes it more difficult for buyers with non-Hangzhou household registration to buy a house.
Hangzhou's new regulations to raise the threshold for buying houses are aimed at discouraging short-term investors.
In addition, Hangzhou also stipulates that housing units with a low rate of winning the lottery of new houses are sorted according to the number of months of social security payment. This is to prevent too many buyers from rushing to buy.
At the same time, Chengdu will include the donated housing in the total number of housing units of the recipient’s family to review the eligibility for housing purchase.
In other words, the loopholes in avoiding purchase restrictions through gifts have been completely blocked.
Beijing’s regulations are more targeted, directly focusing on the control of the “fake divorce” to obtain housing qualifications.
The new regulations clarify that if the couple is divorced, if the number of housing units owned by the original family before the divorce does not meet the restrictions on the purchase of commercial housing, no one can purchase commercial housing within 3 years from the date of divorce.
In recent years, in some hot cities, due to the continuous tightening of purchase restrictions, some people have racked their brains in order to obtain the qualifications to purchase houses.
In order to avoid the purchase restriction, obtain the qualification for repurchase, and enjoy the low down payment and low loan interest rate for purchasing the first house, some families even choose to buy a house after divorce.
Beijing’s new regulations make it more difficult to buy a house through “false divorce”, which is conducive to plugging the loopholes in “false divorce” real estate speculation.
Local regulatory measures are still being introduced intensively, constantly "patching" and "blocking loopholes."
The reason is that some cities are still facing the situation of excessively rapid growth in housing and land prices and unstable market expectations.
The constant introduction of control measures is a continuous deterrent to those speculators who still have illusions about the excessively rapid rise in housing prices.
If the false fire is not extinguished, the regulation of the property market needs to be kept under high pressure, and moreover, a long-term and stable implementation of long-term policies is needed so that home buyers can have more stable expectations about the trend of housing prices and the timing of their purchases.
The intensive introduction of control measures shows that the local governments that have the main responsibility for real estate control have increased their initiative and enthusiasm for implementing real estate control.
Since the beginning of this year, the Ministry of Housing and Urban-Rural Development has repeatedly interviewed local governments and included these cities in the list of key cities for real estate market monitoring.
For local governments, the positioning of "no real estate speculation" and "not using real estate as a short-term economic stimulus" should always be adhered to.
The Politburo meeting held a few days ago emphasized that it is necessary to adhere to the positioning of houses for living, not for speculation, to stabilize land prices, house prices, and expectations, so as to promote the steady and healthy development of the real estate market. Since my country proposed the establishment of a long-term real estate mechanism, significant results have been achieved in stabilizing land prices, housing prices, and expectations, indicating that the measures taken are in line with the laws of market development and are accurate and effective. When individual cities show signs of overheating, we must decisively increase regulation and supervision of the real estate market. Fortunately, the "tools" for real estate market regulation are constantly enriched, and a series of measures such as land, finance, administrative measures, market rectification, and fiscal and taxation are forming a strong synergy. It is believed that with the establishment and improvement of the real estate long-term mechanism, the real estate market will usher in a sound situation of more healthy development.