The first suite can be purchased directly without social security certificate. Has the purchase restriction in Kunshan, Jiangsu been cancelled?

Kunshan, Jiangsu Province has cancelled the purchase restriction measures, which means that residents can buy houses directly in Kunshan, Jiangsu Province without social security.

Strictly speaking, Kunshan, Jiangsu Province is not the only city that completely cancels the purchase restriction measures. More than 100 cities across the country have cancelled the purchase restriction measures. The reason why this happens is mainly because the real estate market in many places is not good, and the real estate in some places is also in a state of long-term neglect. In this case, if the purchase restriction measure can be cancelled, residents in other areas may buy houses locally, so this measure can increase the local real estate transaction volume and stabilize the local real estate industry behavior.

Kunshan, Jiangsu has cancelled the purchase restriction measures.

If residents want to buy a house in Kunshan, Jiangsu, they need to pay social security for more than three years in advance. After the cancellation of the purchase restriction measures in Kunshan, Jiangsu Province, residents can buy houses locally without any social security. As long as residents can afford the local down payment and have the ability to repay personal housing loans, residents can buy a house by applying for personal housing loans.

There are many cities that cancel the purchase restriction.

As mentioned above, Kunshan, Jiangsu Province is not the only city that completely cancels the purchase restriction measures. Many cities will also stabilize the local real estate market in this way. Especially in those areas below the second-tier cities, because the residents in these areas have limited purchasing power and few people can afford to buy houses, the local authorities will not only cancel the purchase restriction measures, but also introduce various measures to encourage buying houses. When residents apply for individual housing loans, the mortgage interest applied by residents may even be as low as 4%.

In general, the measures to cancel the purchase restriction in Kunshan, Jiangsu Province will further encourage everyone to take the initiative to buy a house, and will also take the initiative to lower the threshold for everyone to buy a house. For those who just need to buy a house, you can consider buying a house in Kunshan, Jiangsu.