How much "burden burden" can be reduced by buying a house? One of the interpretations of the "New Shanghai Nine Rules" in the property market: Who will no longer have purchase restrictions?
Today, the Shanghai Municipal Housing and Urban-Rural Development Management Committee, the Municipal Housing Administration Bureau, the Municipal Planning Resources Bureau, and the Municipal Taxation Bureau jointly issued a document promulgating 9 real estate market optimization and adjustment policies. This new policy can be called the "New Shanghai Nine". It not only releases major benefits, but also involves rich content. It is considered by industry experts to be "all-round and multi-angle", and it also implements precise policies.
The new policy will be officially implemented tomorrow. What will be the direction of the property market in the future? For an individual, how much “burden reduction” can be achieved by buying a house?
Cui Guangcan, director of the Real Estate and Urban Development Research Center of Shanghai Normal University, believes that the new policy focuses on taking multiple measures to support the reasonable housing needs of new citizens and young families. It has been involved in adjusting and optimizing purchase restrictions, supporting home purchases for families with multiple children, housing credit policies and housing provident fund personal credit policies.
For individuals, what changes have occurred in buying a house before and after the implementation of the New Deal?
Due to different personal circumstances and different housing purchase locations, the policy benefits obtained are also different. According to the Shanghai Yiju Research Institute, it can be divided into the following aspects:
First, the housing purchase restriction policy includes shortening the number of years for non-Shanghai resident families and single persons to pay social insurance or personal income tax when buying a house, optimizing the home purchase area, canceling restrictions on divorced home purchases, and improving the management of housing gifts. At the same time, we support the purchase of houses by families with multiple children, including the purchase of an additional house on the basis of the existing housing purchase restriction policy, optimizing the identification standards for first homes, and reducing the interest burden on home purchases.
Secondly, in terms of commercial loans and provident fund loans, we will maintain a differentiated policy framework and further reduce the down payment ratio and the lower limit of mortgage interest rates.
"The financial policy mix will allow home buyers to effectively reduce purchase costs, especially the reduction in interest rates, which can ease the monthly payment burden." Lu Wenxi, an analyst at Shanghai Zhongyuan Real Estate, said that taking the second home as an example, the mortgage interest rate has dropped from 4.25% to 3.9%. The key areas refer to the Lingang New Area and the entire six administrative regions of Jiading, Qingpu, Songjiang, Fengxian, Baoshan and Jinshan.
Calculated based on the latest interest rate, with a loan of 1 million yuan and 30 years of repayment in the form of equal principal and interest, the monthly payment is 4,717 yuan, and the total interest expense is 698,000 yuan, which is about 202 yuan and 73,000 yuan less than the original respectively.
Jiang Weiru, secretary-general of the Shanghai Real Estate Industry Association, believes that this new policy is based on the basic situation and stage characteristics of the current Shanghai real estate market, fully embodies regionality, differentiation and accuracy, embodies problem orientation, and is conducive to better guiding market expectations. Enhance market confidence. Many experts said that this series of new measures sends a friendly signal to both rigid-demand and improvement buyers, and it is expected that the property market transaction volume will stabilize and rebound in June.
Yan Yuejin said that this new policy has implemented many innovative policies for the revitalization and subscription of second-hand houses. For example, companies are supported to purchase houses for employees to rent. For enterprises that purchase small second-hand houses for employees to rent, there is no longer a limit on the number of housing units purchased. Another example is exploring the acquisition and wholesale leasing of suitable housing through state-owned platform companies and other entities to optimize the supply of housing security.
In terms of the "old-for-new" policy, subsidies are provided to eligible families, such as transitional renting during housing replacement, decoration and moving, etc. However, the subsidy also has a threshold, that is, residents who sell the only housing in the outer ring road that was completed before 2000 and with a construction area of 70 square meters or less within one year, and purchase first-hand housing outside the outer ring road, strongly support families with housing difficulties to improve their living conditions. .
In terms of subsidy standards, fixed-rate subsidies are implemented based on the building area of the houses sold. If the building area is less than 30 square meters, the subsidy standard is 20,000 yuan per unit; if the building area is 30-50 square meters, the subsidy standard is 25,000 yuan per unit; For housing with a building area of 50-70 square meters, the subsidy standard is 30,000 yuan per unit. Receive the subsidy after obtaining the real estate title certificate for the newly purchased first-hand housing.
The reporter learned from relevant departments that Shanghai will focus on improving housing quality and support the construction of green, low-carbon, smart, and safe houses. At the same time, we will strengthen monitoring and supervision of the real estate market and maintain order in the real estate market.
