The latest news of Shanghai's purchase restriction policy in 2023: non-local household registration needs to pay social security for 5 years continuously.

Shanghai's purchase restriction policy stipulates a new policy, and social security for non-local household registration needs to be paid continuously for 5 years. Then I sorted out some latest news about Shanghai's purchase restriction policy: social security for non-local household registration needs to be paid continuously for 5 years. Welcome to read!

On March 25th, the Shanghai Municipal Government held a press conference, and the most concerned issue was the Shanghai New Real Estate Policy.

Among them, Shanghai will strictly implement the housing purchase restriction policy and increase the personal income tax or social security period for non-local households to buy houses. If the city has paid for more than two consecutive years in the first three years from the date of purchase, it will be adjusted to pay for more than five consecutive years before the date of purchase. At the same time, the purchase restriction review will be promoted to the transaction filing link.

Yan Xjin, research director of Yiju think tank, told the reporter: "In the new content of this purchase restriction policy, one thing is the same as previously expected, that is, the purchase restriction review is placed in the transaction filing link. This formulation is actually to avoid the risk of some buyers bypassing the purchase restriction policy in the previous purchase restriction policy. Through the pre-transaction filing link, the audit is strengthened, so that buyers have to enter the market in strict accordance with the qualifications for purchasing houses, preventing some buyers from subscribing for houses before selling them without the qualifications for purchasing houses. "

The reporter of "China Business News" also noted that Shanghai will also implement a differentiated housing credit policy, with the down payment ratio of ordinary housing in the second suite increased to 50% and that of non-ordinary housing in the second suite increased to 70%.

Yan * Jin told reporters: "This opinion clearly puts forward that differentiated housing credit policies should be implemented immediately. For households with 1 apartment, if they continue to buy ordinary houses, the down payment ratio needs to reach 50%, which is tighter than the previous policy. And if you buy non-ordinary housing, then the down payment ratio needs 70%. In this regard, for ordinary housing and non-ordinary housing, the Shanghai Municipal Government has already made provisions, such as defining the total price according to the inner ring, central ring and outer ring, and setting similar apartment conditions such as 144 square meters. The implication behind such a policy is that it may be more difficult to obtain credit from banks if you want to buy a house or a large-sized house in the urban area in the future, which is also to prevent the risk of real estate speculation in the Shanghai market from increasing. "

In fact, some real estate speculators have entered Shanghai at present, which can undoubtedly curb investment demand. Lu Xxi, manager of Zhongyuan Real Estate Research Department, told the reporter: "Credit policy has always been an important starting point for regulation, because financial support is inevitable in the end. Therefore, in combination boxing, credit tightening is also a powerful measure. Last year, the "3.30" policy emphasized second homes and ordinary houses. The policy coverage is expected to bring an increase of 12% to the market (taking new houses as an example), but the actual coverage has been expanded to 53%. Behind it is that some banks have quietly blurred the concept of general residence in actual implementation, and the down payment has also tried to rely on 40%. Therefore, the trading of high-end products was more active last year, which also raised the average price. "

Lu 21st further pointed out that the implementation of 70% of two sets of non-ordinary housing is a re-emphasis on the original policy. However, the down payment ratio of two sets of ordinary houses has increased by 10%, which has a certain impact on purchasing power. For a 3 million ordinary house, the down payment is only 300,000 more than before the adjustment, which will not be too stressful for customers who have the ability to improve.

Insiders pointed out that considering that Shanghai has tightened its policies, other first-tier cities and some key second-tier cities will actually face a tightening practice. This is because, on the whole, housing prices in several other cities are rising. This will cause other cities to have similar actions in the property market supervision policy. The thinking should be the same as that in Shanghai, such as standardizing the transaction order in terms of transactions and tightening the second-home loan of banks. Generally speaking, it is also to curb the risk of inflated housing prices in such cities, or to stabilize market expectations.

Zhou Xfeng, director of the research department of Jones Lang LaSalle in China, mentioned that the current rise in housing prices in first-tier cities has also brought some positive effects to the population diversion. High housing prices force job seekers and others, especially recent graduates, to settle in cities with less high housing prices, instead of focusing entirely on important first-tier cities. By moving to relatively small cities, they can create housing demand for these markets and revitalize the local construction industry.