Can developers buy their own houses?

Generally, developers can't buy their own houses, because their houses can't be sold and they can only be rented. Moreover, the process of renting them will also be included in the scope of government supervision. If it is found that the developer has the form of renting and selling, its qualification will be cancelled.

What will developers do with their own houses?

1. The developer's self-sustaining house cannot be sold, but can only be rented. And the process of renting a house will also be included in the scope of government supervision. If the developer is found to be in the form of renting for sale, his qualification will be cancelled.

2. At the time of land transfer, it has been made clear that the self-sustaining commercial housing will be used for rent, and it is indicated in the real estate registration certificate that it is not allowed to sell or transfer. Housing management departments in various regions have the right to supervise and manage self-sustaining commercial houses within their respective jurisdictions.

3. For self-sustaining commercial housing, although there is no tenant scope, the rental price is also determined by the market level at that time, and the holding period of the enterprise is consistent with the land transfer period. In the process of leasing, the term of a single lease cannot exceed 10 year.

4. If the developer is facing bankruptcy liquidation, in the process of enterprise restructuring or equity transfer, the transfer of property rights of self-sustaining commercial housing needs to be reviewed by the local government, and the nature of self-sustaining commercial housing will not be changed after the transfer.

What does the developer mean by self-sustaining?

The developer's self-sustaining, that is, the commercial housing area owned by the developer itself, cannot be transferred or sold in this self-sustaining part. This policy was just promulgated this year. This year, not only this policy was introduced, but also regulations on housing prices were introduced. Simply put, a house can't be used for speculation, but only for living. In order to curb the previous skyrocketing housing prices, I feel that this regulation is really useful, and domestic housing prices have been controlled.

What do you mean by self-sustaining real estate?

Self-sustaining business is a form in which developers have fixed property rights, lease properties as investors for a long time, and make equity investment to obtain income. Real estate self-sustaining is a structural adjustment of the supply market of commercial housing by the state from a macro perspective, and it is a guide to the demand market, which can be understood as an important supplement to the construction of the whole rental market by the state. At present, self-sustaining of real estate has become the normal state of commercial real estate.