Housing purchase restriction city

Housing purchase restriction is a measure to limit the number of buyers and curb the housing price bubble. In China, some cities have begun to implement the housing purchase restriction policy to control the excessive rise of housing prices and ensure the housing demand of ordinary people. This paper will introduce the operation steps of housing purchase restriction and its influence on housing prices.

What is the housing purchase restriction?

Housing purchase restriction refers to the government's restrictions on buyers in some cities or regions, limiting the number and area of purchases in a certain period of time. The purpose of housing purchase restriction is to curb the excessive rise of housing prices and protect the housing needs of ordinary people by reducing the number and area of housing purchases.

Operating steps of housing purchase restriction

1. The government issued a housing purchase restriction policy.

The government has issued a policy of restricting the purchase of housing, which clearly limits the cities, regions, time, quantity and area of the purchase restriction.

2. The buyer shall conduct qualification examination.

Buyers need to provide ID cards, household registration books, marriage certificates, personal income certificates and other materials for qualification review. After approval, the purchaser can buy a house.

3. The purchaser applies for buying a house.

Property buyers need to submit applications to real estate developers or real estate agencies within the specified time. The application for buying a house needs to provide the ID card, residence booklet, marriage certificate, personal income certificate and other materials of the purchaser.

4. The buyer draws a lottery or auctions.

If the number of applications from buyers exceeds the number stipulated in the purchase restriction policy, then buyers need to shake the number or auction. The result of the lottery or auction will determine whether the purchaser can buy a house.

5. The buyer signs the purchase contract.

Property buyers need to sign purchase contracts with real estate developers or real estate agents. The purchase contract should include the area, price, delivery time and property fee of the house.

6. The purchaser handles the real estate license.

Property buyers need to apply for the house title certificate after the purchase contract takes effect. The real estate license is an important certificate for the purchaser to prove the ownership of the house.

The influence of housing purchase restriction on housing price

The implementation of the housing purchase restriction policy can curb the excessive rise of housing prices by reducing the number and area of houses purchased. The implementation of the housing purchase restriction policy can stabilize housing prices within a reasonable range and protect the housing needs of ordinary people. At the same time, the housing purchase restriction policy can also promote the healthy development of the real estate market and prevent the emergence of the real estate bubble.