What are the new real estate policies in Shanghai?

Shanghai is a first-tier city in China. With the continuous development of the city, more and more people from other places flock to Shanghai, and the demand for housing is increasing day by day, which also leads to the rising housing prices in Shanghai. In order to restore the residential function of houses, the state has introduced relevant measures to stabilize house prices to a certain extent and ensure the healthy development of the real estate market. The new real estate policy has always been the object of people's attention. Here are some new real estate policies in Shanghai.

First, purchase restriction

Before, housing prices in first-and second-tier cities in China rose too fast, and the state attached great importance to real estate regulation in these areas. By speeding up the construction of affordable housing and shed reform, increasing housing supply, and adopting policies such as restricting purchases and loans, unreasonable speculative demand is effectively curbed, thus effectively curbing the rapid rise in housing prices. This strict control policy will continue in the future. For a big city with a saturated population like Shanghai, the development and investment behavior of the real estate industry will be strictly controlled from the perspective of population evacuation.

Second, increase land supply.

Strict control policies will continue to be implemented in the future, but different from the past, classified control will become the main means to increase the land supply area in first-tier cities. Previously, due to the sluggish real estate market, many first-tier cities have greatly reduced the number and area of land transfer, and this year will increase the land supply in these areas.

Third, vigorously rectify the down payment loan

Since then, housing prices in Shanghai have risen sharply, and leveraged funds represented by "down payment loans" are considered to be an important factor to promote this round of housing price increases. This year, the central bank, together with relevant departments, began to clean up and rectify real estate intermediaries, real estate development enterprises and their financial business in cooperation with p2p platforms, and severely cracked down on providing customers with down payment loans, increasing the leverage of buying houses, and breaking through the housing credit policy in disguise.

Fourth, promote real estate tax legislation.

In the future, China will gradually establish a long-term mechanism for real estate regulation, in which real estate tax, as an important part, will be put on the agenda. The adjusted legislative plan of the Party Committee of the National People's Congress has included the real estate tax law in the first category of legislative items, and the legislative work plan of the Tang Committee of the National People's Congress this year has listed the real estate tax law as a preparatory item. It is generally believed in the industry that the introduction of the real estate tax system is only a matter of time, which is the trend.

With the implementation of these new real estate policies, Shanghai's real estate market will develop in a healthier direction in the future, and the establishment of a long-term mechanism will also make the real estate market increasingly stable, weaken the investment attributes of houses, and truly reflect the residential function.