Ten Disadvantages of Bad Apartment

1, short property right. Because the land where the apartment is located is mostly commercial land, the property right of the apartment is much shorter than that of ordinary houses. Because land is not private, it is state-owned, and developers only rent land for a certain number of years to build houses. The property right of ordinary houses is 70 years, while that of commercial apartments is only 40 years or even 50 years, which is shorter than that of ordinary houses. 2. High taxes and fees make it difficult to change hands. It is more difficult for buyers to change hands after buying apartments, because second-hand houses are exempted from land value-added tax when they are re-transferred, but commercial apartments cannot be exempted. Land value-added tax is generally levied according to the level of land appreciation. Value-added tax accounts for a relatively large proportion in real estate transactions, so taxes and fees are also relatively high. In addition, according to the middle price of real estate transaction plus 5.5% business tax, all taxes and fees add up, and the cost of buying a house is relatively high. 3. The mortgage interest rate is high and the service life is short. Although the apartment is not affected by the policy of restricting purchases and loans, because the apartment is a commercial house, the real estate can only get a loan period of up to 50% when applying for a loan, and it can't apply for a provident fund loan for up to ten years. The loan interest rate for commercial projects ranges from 1. 1 to 1.3 times of the benchmark interest rate, while the loan interest rate for residents rises by 1. 1 times. 4. The cost of living is very high. The cost of living in an apartment will be higher than that in a house. If buyers need to live for a long time after buying a house, they need to calculate the cost of living, because the utilities and property management fees of apartments are charged according to commercial standards, which is higher than that of ordinary houses. 5. Settlement Problems Some apartments are projects built on commercial land, which are of a commercial nature and do not meet the conditions for settlement, so they cannot be settled. 6, high taxes and fees are difficult to change hands. According to China's relevant policies, ordinary commercial housing can be exempted from land value-added tax in second-hand transactions, but not in commercial apartment transactions. Not only can you not be exempted from land value-added tax, but you also need to pay value-added tax. All taxes and fees usually add up to 10% to 14% of the total house transaction price. So it's hard to change hands. 7. There are many people alive. Most apartments are small-sized, so there are generally two ladders and ten households, or even more, and there are more people living there, so the safety and privacy of life cannot be well guaranteed. 8. The cost of living is high. The utilities of the apartment are paid according to the commercial electricity standard, so the living cost of buying an apartment is relatively high. 9. Poor ventilation For safety reasons, apartments are usually not ventilated. Because the apartment is small, the kitchen of the apartment is generally open, which naturally tends to produce lampblack; In addition, there is another possibility that it is secret, so you will be annoyed by the smell if you live for a long time. 10, I can't go home without education: although the location of the apartment is better, I can't go home after buying it. For families with children at home, even if there are famous schools nearby, they can't enroll because they can't settle down. This will greatly reduce the appreciation potential of real estate in the old city, which has always been favored by the market with the advantage of prestigious degrees.