Recently, cities such as Fuzhou, Xiamen, Chengdu and Shenyang have become the focus of the real estate market. According to the latest reports, these cities are preparing to adjust and optimize the purchase restriction policy, lowering the minimum down payment ratio for the purchase of a second home, which may be reduced to 20% or 30%. The news has excited the real estate agency industry, which sees it as a powerful stimulus and a new opportunity for them. However, compared to previous situations, will this adjustment really have the desired effect?
Industry insiders believe that this policy will indeed stimulate the growth of real estate transactions in the short term, but its effect may not be as expected. Because the majority of those interested in buying a second home are older adults, who have already experienced the volatility of home prices over the past few years, they see buying a home more as an owner-occupancy need than an investment purpose. Those who buy a second home are usually for children or as an investment, and once market volatility occurs, they tend to quickly stop losses and cannot form long-term support for the market.
In addition, reducing the down payment ratio for second homes may also increase residents' debt risk, further exacerbating the risk of leveraged home purchases. People who are overly reliant on loans to buy a home will face tremendous repayment pressure once there is an adverse change in the real estate market, and may even trigger a personal financial crisis. This risk can have a negative impact not only on individual families, but also on the financial stability of society as a whole.
Although the related industrial chain may usher in a recovery in the short term, such as the purchase of new second homes will promote the growth of decoration, building materials, furniture, construction industries, etc., in the long run, the steady development of the real estate market needs more support. It is not enough to rely on simple policy adjustments, but also to make comprehensive considerations in economic restructuring, population flow, urban planning, and so on.
At present, the regulation and control policy of the real estate market has changed from "housing not speculation" to "simultaneous rental and purchase", and all localities are increasing the development of the rental market.
At the same time, some cities are also increasing the supply-side reform of the housing market, by increasing land **, promoting reasonable real estate development, to meet the market demand for housing. These measures aim to avoid over-reliance on home purchases, reduce investment risks for residents, and improve the quality and sustainability of urban housing supply.
Finally, it should be pointed out that the steady development of the real estate market is inseparable from the support and regulation of the financial system. ** We should resolutely crack down on speculation and speculation, strengthen the supervision of the real estate market, and ensure the stability and healthy development of the market. At the same time, it is also necessary to strengthen the financial education of home buyers, guide them to buy houses rationally, not to borrow excessively, and avoid falling into debt risks.
In general, in the real estate market regulation policy, reducing the down payment ratio of second homes is only one aspect, and a variety of factors need to be considered comprehensively to achieve the long-term stable development of the market.
Only with the joint efforts of enterprises, enterprises and individuals can we establish a healthy and stable real estate market, so that people can have a home to live and work in peace and contentment.
Behind the adjustment and optimization of purchase restriction policies in cities such as Fuzhou, Xiamen, Chengdu and Shenyang, people's attention and speculation about the real estate market have been aroused. Real estate agents hailed the policy, believing it would open up new opportunities for them. However, is this policy adjustment the same as in the past, and what are the prospects?Industry insiders said that this policy may stimulate trading volume in the short term, but its effect may not be satisfactory.
First of all, most of the people who want to buy a second home are elderly. They have experienced fluctuations in house prices and have a deep understanding of the changes in the real estate market. For them, the purpose of buying a home is more for self-occupation than for investment. Those who buy a second home are usually for the sake of their children's educational needs or investment considerations.
Once the market is volatile, buyers with these investment needs tend to quickly reduce their investment and cannot form a long-term support for the market.
Second, reducing the down payment ratio for second homes may increase residents' debt risk and exacerbate the risk of leveraged home purchases. Under the current obvious debt pressure, the debt ratio of residents has reached a high level, and further increasing the debt risk of residents may exacerbate the risk of financial stability. In addition, for those buyers with investment needs, they tend to be more profit-oriented, and once the market changes, they will quickly stop losses and cannot form a long-term support for the market.
Although the related industrial chain may have a certain recovery in the short term, such as decoration, building materials, furniture, construction industries, etc., the long-term steady development of the real estate market needs the support of more factors.
First of all, macroeconomic control should be strengthened, short-term policy repetition should be avoided, and policy continuity and stability should be maintained to ensure the expected stability of the market.
Second, it is necessary to strengthen supervision and control over the real estate market, strictly implement the market access system, and prevent the emergence of speculation and speculation. At the same time, it is necessary to conduct an overall risk assessment of the real estate market, and discover and solve potential risks in a timely manner.
In addition, it is necessary to promote the structural reform of the real estate supply side, increase support for second-tier cities and third-tier cities, and make the real estate market better adapt to the changes in demand in different cities through the adjustment of policies and financial guidance, so as to promote the balanced and stable development of the housing market. At the same time, we will increase support for the housing rental market, improve the quality of supply in the housing rental market by introducing specialized leasing enterprises and improving the laws and regulations of the rental market, and provide diversified housing options for the general public.
In conclusion, while cities such as Fuzhou, Xiamen, Chengdu and Shenyang may adjust and optimize their purchase restrictions to stimulate trading volume in the short term, they may not be effective.