Why do Beijingers go to Zhuozhou to buy houses?

Unlike other popular areas, Zhuozhou is currently the only city in the half-hour transportation circle around Beijing that allows non-household residents to buy first homes without social security or tax payment.

Most "Beijing drifters" choose to buy houses in Zhuozhou, mainly because of the one-stop high-speed rail commuting. In addition, housing prices in Zhuozhou are currently relatively stable after experiencing a round of ups and downs.

However, behind the stability, some developers who were not satisfied with the price limit began to play the trick of premium payment. In the field of second-hand housing, there are problems such as high vacancy rates and no real estate transactions. Home buyers must weigh this when choosing to buy property in Zhuozhou.

With the implementation of the purchase restriction policy around Beijing, Zhuozhou has become the only city where the non-registered population does not have purchase restrictions on the first home. However, high vacancy rates are unavoidable. At present, most of the new housing projects in Zhuozhou have been delivered, but the occupancy rate is not high, about 60% on average. It is these houses that have been delivered for less than five years that support the second-hand housing market in Zhuozhou.

The majority of Zhuozhou buyers are from Beijing. For them, transportation in the old city is relatively inconvenient, and the high-speed rail new city lacks commercial facilities, so the vacancy rate is so high.

Zhuozhou’s development started late. Due to its lack of industrial support and insufficient influx of migrant population, housing prices lacked the motivation to continue to rise. Other analysts believe that the inability to settle down in Zhuozhou is one of the reasons for the "stable" housing price trend.

Things to note when buying a house

1. When buying a house, you should pay attention to determining your goals based on your own financial strength. Determine the property that suits you based on your actual income, expenses, etc., and start from your actual situation to avoid unnecessary additional burdens.

2. Screening of the scope of buying a house. Properties with small area, low down payment and low total price are suitable for young people. It is recommended to buy a second-hand small house in the city center or a newly opened small house.

The advantages of second-hand small houses are convenient transportation, mature supporting facilities, and relatively favorable prices; in addition, because young people’s job mobility is still quite high, so consider a place with suitable transportation, even if you change jobs and move , travel can still be convenient. The advantages of newly launched small apartments are more reasonable apartment layouts, higher living comfort, and relatively higher future investment returns.

3. Sign the subscription letter and the commercial housing sales contract. When signing a subscription letter and a commercial housing sales contract, home buyers should pay attention to the five certificates. Pay the deposit, sign the confirmation letter, choose the payment method, sign the contract for the sale of commercial housing, then pay the purchase price and handle the pre-sale registration.

4. Apply for a property rights certificate in a timely manner. The purchaser of a pre-sold commercial house shall handle the change of land use rights and the registration of house ownership within 90 days from the date of delivery of the commercial house. The purchaser of an existing commercial house shall handle the change of land use rights within 90 days from the date of signing of the sales contract. and house ownership registration procedures.