The purchase restriction policy is easy to understand. Simply put, it is to raise the purchase threshold and increase the holding cost, thus reducing the investment behavior of real estate speculators. For example, loan interest rates have generally risen. Originally, the first suite could be discounted on the basis of the benchmark interest rate. Now not only is there no discount, but it has also increased by 5%, and the second suite has risen even more. There is also an increase in the down payment ratio. It turns out that the first suite only needs 20% down payment, and the second suite needs 40% down payment. Now it has become a down payment of 30% for the first suite and 70% for the second suite. Such measures have greatly increased the cost of buying a house.
In addition, there are various restrictions on the qualification of buying a house. For example, increase the number of years to pay social security in the place where the property is located, and some directly increase from two years to five years. There are also restrictions on the number of houses under the names of individuals and families, which is more difficult for foreign investors, and even the cost of raising a room ticket will increase a lot. Finally, with the bank's reluctance to lend, strict examination, slow loan and other measures, it is becoming more and more difficult to buy a house by investment.
And in addition to the purchase restriction, it is also limited for sale. For example, if you buy a real estate, you can't sell it within five years, or you can substantially increase various taxes and fees, which will once again dampen the enthusiasm for investing in real estate.
Although the above-mentioned combination of purchase restriction and sale restriction is effective, the effect is not as obvious as expected, and sometimes it may even accidentally hurt those who just need to buy or improve their property. Moreover, many times there are policies at the top and countermeasures at the bottom, and there are always people who can get into the loopholes in the policies. The country also realizes that unless the housing demand of those who just need it is really solved, once those who just need it have no strong housing demand, the number of people who buy it will be greatly reduced, and the house will naturally not be fired. Thus, the so-called concepts of * * * ownership, the same right to rent and sell, and long-term rental of apartments came into being.
The biggest demand of just-needed buyers is that they have little money or weak repayment ability, but they want to have a home, a stable and relatively good living environment and a degree for their children to go to school. If there is a way to meet these needs, it can greatly reduce the number of buyers just needed.
Then let's see if various housing reform concepts can really solve the problem.
* * * Property right house, the main method is that the local government transfers part of the land transfer income, and then distributes it to eligible families at a lower price; At the time of placing, the security object signs a contract with the local government, stipulating the share of property rights of both parties, the conditions for listing and trading of affordable housing in the future and the share of income. * * * Property housing is a policy-oriented commodity housing developed and built by the construction unit with the support of government policies, and the sales price refers to (or is slightly lower than) the price of ordinary commodity housing in the same period, the same location and the same quality, and the right to use and dispose of it is limited. The purchaser and the government, the housing society or other social non-profit organizations enjoy property rights according to their share of capital contribution. For buyers with limited ability to pay, they can purchase part of the property rights of the house according to their own conditions to achieve stable living; Then, with the increase of income and the accumulation of wealth, property buyers can gradually purchase property rights until they finally occupy property rights completely. Of course, before the purchaser obtains all the property rights of the house, the house is still in a state of joint ownership by individuals and the government, the housing society or other social non-profit organizations.
For example, a set of property with a value of 5 million, purchased in the form of ordinary commercial housing with its own property rights, means paying at least 6.5438+0.5 million in cash, and then borrowing 3.5 million, which many families cannot afford. However, if * * * has property rights, both the government and individuals will pay 50%, which means that individuals only need to pay a down payment of 750,000 yuan, and then they can live in this 5 million property with a loan of 1.75 million yuan, and they can also use a degree to settle down. When the family income of the latter increases, the property rights in the hands of the government can be repurchased at the price of the surrounding commercial housing at that time. Obviously, this method can largely solve the needs of just-needed buyers who want their own house, use a degree, and settle down. Although they don't own the house completely, the government doesn't need to use the house after all, so there is no landlord to push up the rent.
But we should also realize that not everyone can apply for buying public houses. First of all, you must work in the local area for a certain number of years, have a stable job or hukou, and have relevant requirements on income, family composition, age and job nature. There must be no real estate in the family name. If the number of applicants is large, it may be necessary to draw lots to queue up.
Although the house can have the right to use at a relatively low cost, it has met the demand in most cases, but there will be strict restrictions on the transfer, sale and mortgage. For example, you have to hold it for at least 5 years and get all the property rights before you can sell it. In other words, to sell after five years, all the property rights held by the government need to be repurchased at the price after five years, and 100% property rights can be sold to others. This measure is also for someone to take advantage of the loopholes in the policy to obtain the property right of * * * at a lower cost and then sell it. However, it is also very likely that the rise in house prices will exceed the rise in their family income. After a few years, it is difficult to come up with a sum of money to buy back the property rights in the hands of the government and eventually become lifelong property rights.
Taking Guangzhou as an example, this policy is a new rental policy in Guangzhou, that is, all school-age children and adolescents with local household registration, children of talent green card holders and other policy care students, children of migrant workers who meet the degree requirements of their cities and districts, and their guardians do not have their own property houses in this city. Guardian to rent a house as the only place of residence and the housing lease contract registration, can be arranged by the education administrative department of the district where the residence is located to attend compulsory education schools (including
From this definition alone, the so-called "equal rights" are only manifested in children's right to learn. In the past, if your child wanted to study, he had to buy a school district or a degree room near the school district. Now they can rent a house and go to school nearby. This is undoubtedly a policy to cool down many high-priced school districts. For many families who can't afford a degree room, they can rent a house to solve the problem of their children going to school. However, we can also see that there are many restrictions in this policy, such as the green card for talents, which meets the requirements of points admission and has no property rights of its own. That is, you work around Guangzhou, and then rent a house nearby in order to let your children go to a good school, which is not acceptable; If you have a house in Guangzhou, but you don't have a degree room, you still can't rent a house near a good school.
From the landlord's point of view If I rent the house to you, you can enjoy the same rights of renting and selling, but what if I occupy my degree in my house? I'm sorry, I can only raise the rent, and even I have to sign an additional clause in the rental contract with you. If you don't take my degree, then because you rent my house, your children can go to a good school, and I will raise the rent. Therefore, if the policy is really implemented, the rent increase of school districts will definitely be obvious.
We can see that the purchase restriction policy is to curb the rise in housing prices and minimize speculators' entry into the housing market; * * * Property rights are to solve the housing needs of people with lower incomes; The same right to rent and sell is to solve the problem of reading for the children of renters, which can reduce the speculation of degree rooms. Including long-term rental apartments launched by real estate enterprises, so that people who can't afford to buy a house temporarily can rent a house for a long time and have a stable living environment. To some extent, these combination punches can alleviate the rising holidays and the pressure of just-needed buyers, but at present, the beneficiaries are still relatively small people, which cannot fundamentally solve the real estate situation in China in a short time.
Back to the topic of whether I can invest in real estate, what I am talking about here is not real estate speculation, but the financial behavior of individuals and families investing money in real estate. In first-tier cities, a large number of talents flow in every year, local people are constantly getting married, and children are constantly reaching school age, so the demand for real estate will not stop, and the demand will always exist. State regulation can slow down the rate of housing price increase, but at least in first-tier cities, it cannot be greatly reduced. It is unrealistic to always expect the house price bubble to burst.
Therefore, if you can invest in real estate, it means that you have this economic ability. If you have low income and no funds, you don't need to consider this topic. If you have the capital to invest in real estate, you should buy it. A building with good facilities, a degree room, convenient transportation and a good location will never lose money.
About the author: Jane, today's headline signing author, LinkedIn columnist, Sina finance columnist, notes and other major financial platforms invited financial writers. Personal finance books have been published, such as Managing Money Early, Being a Rich Woman Easily, Managing Money While You Are Young-I hope you can live the life you want, as well as a workplace inspirational book, Work hard for you to choose. Wechat official account: Mucheng-Life