Author: Wu Simin

　　The housing provident fund support policy is becoming a major focus of this round of property market easing policies.

The first financial analysis found that under the policy background of "one city, one policy" to support reasonable housing demand, the adjustment of provident fund loan policies in many places across the country is showing five directions.

　　The "Notice on Adjusting the Policy on the Use of Housing Provident Fund" (hereinafter referred to as the "Notice") recently issued by the Housing Provident Fund Management Center of Dezhou City, Shandong Province stated that starting from September 7, there is no limit on the number of houses for the purchase of housing provident funds.

According to the new policy, when purchasing a self-occupied house in the administrative area of ​​Dezhou to withdraw the provident fund, the number of houses under the name of the withdrawer and spouse is not limited.

For the purchase of off-plan houses, the record time of the purchase contract shall prevail; for the purchase of second-hand houses, the time of the transfer invoice shall prevail.

　　There is no interval between applying for a housing provident fund loan again.

The "Notice" states that after the provident fund lender has settled the provident fund loan for the first time, there is no interval for the second application for use.

　　The "Notice" further clarifies that there are no household registration restrictions for depositors in Beijing-Tianjin-Hebei and Shandong provinces to apply for provident fund loans in Dezhou.

Accelerate the integration into Beijing-Tianjin-Hebei, and promote the consistency of loan policies in Shandong Province. Provident fund depositors in Shandong Province and Beijing-Tianjin-Hebei buy self-occupied housing in the administrative area of ​​Dezhou City, and provident fund loans are not subject to household registration restrictions.

　　In June this year, the General Office of the Shandong Provincial Government issued the "Several Measures to Support Dezhou City's Deepening Integration into the Beijing-Tianjin-Hebei Coordinated Development", proposing to "actively undertake the industrial transfer of Beijing-Tianjin-Hebei, and research and introduce in the fields of industry, talent, finance, and people's livelihood. Specific policies and measures to support Dezhou in undertaking the transfer of Beijing-Tianjin industries."

　　In addition to Texas, the cities that "cancel the limit on the number of housing housing provident fund loans" are also Zhangzhou, Fujian.

According to the new house purchase policy launched by the local housing provident fund center in early June, the number of housing provident fund loans and the number of housing units will be canceled if workers and families purchase or build self-occupied housing to withdraw housing provident funds to pay the house payment or repay commercial housing loans.

　　Since the implementation of the above-mentioned new provident fund policy two months ago, the sales of the property market in Zhangzhou have picked up.

According to data from the China Index Research Institute, in February this year, only 824 units were sold in the Zhangzhou property market.

But from June to August, the transaction in the Zhangzhou property market remained above 2,000 units. Among them, the number and area of ​​transactions in August were the highest points this year.

　　However, Wang Yeqiang, director of the Real Estate Special Committee of the China Urban Economics Association and vice chairman of the China Regional Science Association, said in an interview with China Business News that the "removal of the number of units" may lead to wealthy families buying multiple houses, especially in central urban areas. The rapid rise in housing prices has squeezed out the reasonable demand for housing, which in turn conflicts with the positioning of "housing for housing, not speculation".

Therefore, it is expected that the cities that introduce such policies are limited.

　　In addition to the cancellation of the limit on the number of provident fund loans, the provident fund support policies released in many places also mainly include raising the provident fund loan limit, launching the provident fund "one-person house-buying and whole-family assistance" policy, deepening the cross-provincial "mutual recognition and mutual loan" of housing provident funds, and supporting " Commercial personal housing loans to personal housing provident fund loans” four directions.

　　Among them, "one person buying a house with a whole family" is undoubtedly one of the hottest new words in the current real estate market.

According to incomplete statistics from China Business News, as of the 8th, at least 23 cities across the country have introduced the policy of "one person buying a house with a whole family".

　　"But I don't think it makes much sense." Wang Yeqiang said.

　　In his view, in terms of reasonable housing needs, it is basically a "family help".

In other words, for a family of three, there is no obstacle to the use of the provident fund for both husband and wife. The provident fund support of the generational parents can solve certain problems, but the parents of the generational generation have basically used the provident fund loan, or the amount of the provident fund is small, which is very important for the high housing prices in big cities , is nothing short of a drop in the bucket.

　　Among the above-mentioned five types of policies, Wang Yeqiang believes that increasing the loan amount of the provident fund is the "optimal solution" to adapt to the actual situation of rising house prices and to release reasonable housing demand.

　　According to media reports, including Xinyang, Nanyang, Shangqiu in Henan, Yongzhou in Hunan, Changchun in Jilin, Lu'an in Anhui, Hengshui in Hebei, Pu'er in Yunnan, Qiandongnan in Guizhou, Jingdezhen and Gao'an in Jiangxi, etc., in accordance with the new provident fund policy, people who just need housing will be purchased. Buyers can use the provident fund loan according to the maximum amount, which can already cover the entire loan amount.

　　In addition, Wang Yeqiang also pointed out that at present, the frequent adjustment of housing provident fund policy is not only due to the need to boost the property market, but also to usher in a "window period" for system reform.

　　"As a supporting system for China to cancel physical housing distribution, implement housing monetization, and market-oriented reforms, at present, the phased historical task of the housing provident fund system has been completed, but the provident fund has an increasing impact with the accumulation of funds and the expansion of its scale. Therefore, in the current downturn of the property market, the frequent adjustment of provident fund loans indicates that the provident fund system is facing major adjustments and changes. In the future, the role of the provident fund system as security finance will become more prominent.” Wang Yeqiang say.