Some places issue 37 million consumer vouchers, and some "there is no restriction on the purchase of second-hand houses after 5 years."

According to Jiangmen Radio and Television, on the afternoon of April 27, the Housing and Urban-Rural Development Bureau of Jiangmen City, Guangdong Province and the Jiangmen City Commerce Bureau held a press conference on the "2022 Jiangmen City Summer Consumption Promotion Activities" press conference. It was mentioned at the meeting that 9,000 housing purchase packages with a total value of 37 million yuan will be distributed to the first few buyers who purchase new commercial housing in Jiangmen and go through the online contract signing procedures according to the building area.

In fact, the deregulation of the property market is happening everywhere.

On April 25, the Jiangsu Wuxi Housing Provident Fund Management Center increased the housing provident fund loan and rent payment limits.

On April 26, the Foshan Housing and Urban-Rural Development Bureau issued an internal document clarifying that there are no restrictions on the purchase of second-hand houses that have been registered for five years or more.

On April 26, Tongzhou District of Nantong City provided a house purchase subsidy of up to 2% of the total house price.

On April 27, Huaian increased the provident fund loan limit to a maximum of 660,000 yuan, and at the same time reduced the down payment ratio of provident fund loans for first homes to 20%.

Statistics from the Centaline Real Estate Research Institute show that as of April 26, the country’s cumulative real estate market stabilization policies in April had exceeded 50 times. More than 50 cities, including Quzhou, Qinhuangdao, Mianyang, Lanzhou, Dalian, Lishui, Suzhou, Nanning, and Kunming, released real estate easing policies of varying intensity in April. And if the timeline is zoomed in to the last week, many cities including Huai'an, Nantong, Foshan, Wuxi and other cities have promulgated easing policies for the property market.

Jiangmen, Guangdong will issue 37 million yuan in consumer vouchers to home buyers

According to the Shanghai Securities News, on the afternoon of April 27, Jiangmen City, Guangdong held the "Jiangmen City Summer Consumption Promotion Activities" Special press conference. Starting from April 28, consumer vouchers with a total value of 37 million yuan will be issued to the first few buyers who purchase new commercial housing in Jiangmen City and go through the online contract signing procedures. This event lasts for two months.

Specifically, starting from 0:00 on April 28, 2022, the first 5,000 new commercial housing units of more than 100 square meters (including 100 square meters) will be signed online (sorted by contract finalization time, below Same as), each set will issue 5,000 yuan consumer coupons, with a total value of 25 million yuan. For the first 4,000 newly-built commercial housing units under 100 square meters (excluding 100 square meters) whose contracts are signed online, 3,000 yuan in consumer vouchers will be issued for each unit, with a total value of 12 million yuan.

It is understood that consumption coupons are only applicable to offline consumption in physical stores (which need to support WeChat payment) within the administrative area of ??Jiangmen City where the transaction occurs. Only one consumption coupon can be used for each transaction. The consumption coupon can be used in conjunction with other merchants' promotional activities, and the coupon holder can automatically cancel it when using it for consumption. Consumption coupons cannot be transferred or shared. The coupons are valid until October 31, 2022. After the validity period, unused coupons will be automatically recovered by the system.

Consumption coupons with a subsidy amount of more than 100 yuan (including 100 yuan) are applicable to offline consumption by merchants’ physical stores and production enterprises within the administrative area of ??Jiangmen City who have signed up to participate in this event. The main scope of the industry: building materials, furniture, home decoration, home appliances, home decoration, home textiles, and household products industries.

The subsidy amount is a consumer voucher of less than 100 yuan. The merchants participating in the activity are law-abiding enterprises or individual industrial and commercial households that have gone through the unified registration of market entities in the administrative area of ??Jiangmen City and can support WeChat payment. The main scope of the industry is applicable to the unified registration of market entities within the administrative area of ??Jiangmen City and the physical stores of law-abiding merchants that can support WeChat payment. In addition to the scope of industries registered to participate, it also includes hotels, B&Bs, scenic spots, catering and other industries.

The provident fund can lend up to 1 million yuan

On April 25, the Housing Provident Fund Management Center of Wuxi City, Jiangsu Province issued the "Notice on Adjusting the Relevant Policies of the City's Housing Provident Fund" (hereinafter referred to as the "Notice" 》) Increase the housing provident fund loan and rent payment limits.

The "Notice" clarifies that the amount of housing provident funds for employees and spouses who do not own their own homes and rent commercial housing within the administrative area of ??Wuxi City will be increased to 15,000 yuan per person per year. The restriction that the housing provident fund has been withdrawn due to the purchase, construction, or overhaul of a self-occupied house, or that there is a loan repayment record in one's name, cannot be applied for withdrawal of rental housing, is cancelled.

For deposit-paying employee families that apply for provident fund loans for the first time to purchase their first self-occupied house, if the borrower himself meets the loan conditions, the maximum loan limit will be adjusted to 500,000 yuan; if the borrower and his spouse both meet the loan conditions , the maximum loan limit is adjusted to 800,000 yuan.

The "Notice" also mentioned that for families registered in Wuxi City who have given birth to two or three children and apply for a provident fund loan to purchase their first self-occupied house for the first time, the loan amount does not need to be related to the provident fund deposit of the borrower. The term is linked to the deposit balance. If the borrower himself meets the loan conditions, the maximum loan amount will be adjusted to 600,000 yuan; if the borrower and his spouse both meet the loan conditions, the maximum loan amount will be adjusted to 1 million yuan.

On April 26, Tongzhou District of Nantong City promulgated a new policy that provides a house purchase subsidy of up to 2% of the total house payment.

The subsidy standards are divided into three levels: 1%, 1.5% and 2%. Specifically, based on the total amount of the first newly built ordinary commercial residence purchased by the enterprise employees (calculated based on the tax invoice issued by the development enterprise, excluding the price of storage rooms, parking spaces, garages, and attics) and the area of ????the house, 90 A subsidy of 1% of the total purchase price will be given for houses with a square meter or less (inclusive), and a 1.5% subsidy of 1.5% of the total house price will be given for houses between 90 square meters and 144 square meters (inclusive). For eligible dual-income families (immediate family home buyers) who purchase their first new ordinary commercial residence of less than 144 square meters (inclusive), a purchase subsidy of 2% of the total house price will be provided.

On April 27, Huaian increased the provident fund loan limit to a maximum of 660,000 yuan, and at the same time reduced the down payment ratio of provident fund loans for first homes to 20%.

According to Huai'an's "Notice", if a depositor purchases his first self-occupied house and applies for a housing provident fund loan for the first time, the maximum loan amount shall be 1.1 times the benchmark amount, that is, if one party unilaterally meets the conditions for a housing provident fund loan, The maximum loan amount is 440,000 yuan. If both parties meet the housing provident fund loan conditions, the maximum loan amount is 660,000 yuan.

There are no restrictions on the purchase of second-hand houses that are over 5 years old in Foshan, Guangdong

Among the cities that have promulgated loose policies for the property market in the past week, Foshan is undoubtedly the one with the largest policy relaxation.

On the evening of April 26, according to multiple media reports, the Foshan Municipal Housing and Urban-Rural Development Bureau issued a non-public notice to relevant departments in each district stating that the most recent deed tax payment or real estate registration time is more than 5 years old. Commercial housing will not be counted in the number of housing units owned by a household; at the same time, commercial housing that has been 5 years old or older does not need to undergo home purchase qualification verification when undergoing transfer procedures such as online signing of sales contracts, donations, and judicial auctions.

As for the reason why Foshan introduced this policy, the "Notice" stated that in order to implement the positioning of "houses are for living in, not for speculation", meet the needs of residents for self-occupied housing, and support improved housing housing demand and promote the stable and healthy development of the real estate market.

Li Yujia, chief researcher of the Guangdong Provincial Housing Policy Research Center, believes that Foshan’s move can activate some improvement needs to a certain extent. There are probably the following types of needs: First, some families who have second or third children ; The second is families whose current housing is of poor quality and lacks supporting facilities and needs to be improved; the third is families who bought a house five years ago, with low entry barriers and costs, and do not have a mortgage or have paid it off; the fourth is private enterprises The improvement needs of bosses or senior executives start to avoid risks and return to safe assets to buy houses.

Li Yujia also said that after nearly two years of regulation, house price growth has returned to a reasonable range, and the phased regulation has met expectations. This policy supports the demand for improved housing, only adjusts some policies, reasonably guides expectations, and uses "five years" as a boundary to avoid short-term speculation. The tone has not changed.

Yan Yuejin, Research Director of the E-House Research Institute Think Tank Center, believes that Foshan’s policy is a better innovative version of the relaxation of purchase restrictions, and other cities can learn from it in the future.

The China Index Research Institute pointed out that since April, the optimization of real estate control policies in various regions has shown three major characteristics:

First, the pace of policy implementation has accelerated. More than 50 cities (cities that overlapped with those in the first quarter) introduced real estate-related policies that were significantly higher than those in the previous three months.

Second, policies have been extended to purchase restrictions, loan restrictions, sales restrictions, etc., and optimization and adjustment efforts have been intensified. After Zhengzhou optimized policies such as purchase restrictions and loan restrictions on March 1, and restarted monetization resettlement, since April, many places have followed up and adjusted relevant policies, involving purchase restrictions, loan restrictions, sales restrictions, price restrictions, etc. In the past, more The focus is on issuing house purchase subsidies and adjusting provident fund loan policies.

Third, the city is expanding to hot first- and second-tier cities.

In April, Shanghai, Suzhou, Nanjing, Ningbo and other cities either lowered the threshold for home purchase or reduced the sales restriction period, and the regulatory policies of hot first- and second-tier cities were optimized, releasing a positive signal to the market.