The term of public rental housing is five years, and renters can return to public rental housing when purchasing improved housing. Or the owner can buy the residence at the cost price plus bank interest after renting it for 5 years.
You can choose one-time payment or installment payment when purchasing. After one-time payment, the house payment will not be paid. When paying by installment, the unpaid part will be paid according to the rules.
Public rental housing cannot be listed and traded. If the purchaser needs to transfer, the unit where the public rental housing is located will organize the repurchase. The repurchase quotation is the original sales quotation+the interest of bank demand deposits in the same period, which will not rise with the rise of house prices. Once it is found that public rental housing has been defrauded by false information, it will be forced to quit.