On August 5, Hangzhou issued a new deal for the property market. The new deal mainly regulates and controls the purchase qualification and new house sales.
College students, outsiders room tickets are limited
The notice specifies in terms of house purchase qualification:
First, the household registered residence in the city less than 5 years has been stipulated, and 2 years since the date of purchase, the urban social security has been paid for 24 months in the scope of the purchase limit of the city. Only 1 housing units can be purchased within the limits of the city’s purchase.
As a result, those who come to settle in for real estate speculation will temporarily lose their room tickets unless they wait for two years.
The two is to stipulate that the registered residence families who are not registered in the city shall have paid the urban social security or personal income tax for 48 months within 4 years from the date of the purchase of the housing, and only 1 months can be purchased within the limits of the purchase of this city.
This policy restricts the purchase qualification of the three groups, with a number of at least one million, for college students with registered permanent residence, those who have moved to Hangzhou for less than two years, and foreigners with social security for more than two years but less than four years.
It is reported that in the first five months of this year, 230000 new college graduates were introduced in Hangzhou. According to 20% of the house purchase demand, 46000 house buyers flocked to the market. At present, these new house tickets will be rejected after the purchase restriction is upgraded.
Only the above categories of affected people, the number of people who lost their room tickets overnight may be as high as about 30% of the total.
In terms of new home sales:
The notice also clearly stipulates that when the number of new housing projects is Yaohao, if the ratio of the number of house buyers to the number of houses is equal to or more than 10:1, they will be shortlisted according to the talent category and social security payment time. In case of false submission of materials, you cannot register within 3 years.
This new regulation is conducive to stopping the motivation of real estate enterprises to deliberately create “flow shake” and further standardizing the market.
Industry: the new deal will cool the property market in Hangzhou
In fact, Hangzhou has repeatedly regulated the property market this year, and has successively introduced relevant measures in the fields of purchase restriction policy, talent purchase and legal auction, but the market heat remains unabated.
According to the monitoring data of the China Index Institute, new houses in Hangzhou increased by 0.08% month on month and 6.35% year-on-year in July. From January to July, the cumulative increase of second-hand houses in Hangzhou was 6.22%, ranking 14th in the price increase of 100 cities.
After the introduction of the new deal, many people in the industry said that this is an accurate regulation and predicted that the Hangzhou market will cool down.
Regulate market order, said Shangguan, director of Hangzhou Shell Research Institute. From two years to 4 years, social security and non registered residence need social security. The red disk needs to be combined with social security, shake and notarized, and further standardize the market order.
At the same time, the first trial of the “point system” will also divert the red market and force back home buyers with short social security payment years.
Reprint indicated source：Spark Global Limited information