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Langfang community real estate purchase restriction
As we said just now, the purchase restriction affects some people who have no social security and jobs in the local area. If these people buy a house locally, it will bring a pressure to some local residents, and they may not be able to buy a good house. Moreover, there is another important factor in the purchase restriction, that is, people are afraid of real estate speculation. After foreigners buy a house, they will sell it to locals at a high price within a few years. Such behavior is very common, so there will be more and more restrictions on purchases. If you don't use the purchase restriction to restrict the purchase of houses, then the house price has been speculated high, which may lead to a higher vacancy rate.
It is a wise choice to cancel the purchase restriction at this time, because those rich people from other places should not spend their money on real estate. Because everyone knows that the real estate economy is depressed at this time, everyone is unwilling to buy a house and will not spend money on this investment, so the chance of real estate speculation becomes very small. I believe that when the economy recovers, the purchase restriction will continue. In fact, the purchase restriction is really a double-edged sword. It has blocked some real estate speculators, but it has also blocked those foreigners who really want to settle in the local area. Perhaps it is precisely because there are more foreigners in Langfang that Langfang will use this policy to promote people's consumption and enhance the economy.
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