Among the first-tier cities, Guangzhou has introduced the fastest and most intensive property market control policies, and it is the pioneer among the old four.
Although Shenzhen has been slow to act, it has also successively introduced property market policies such as the abolition of land price limits.
However, in Beijing, although the number of second-hand housing listings has surged, and the transaction volume has continued to shrink, constituting the current situation of oversupply in the second-hand housing market, it is limited to its own status, and only follows the other three cities in the policy of "recognising housing but not recognising loans".
Today, Beijing has finally launched a new policy for the property market, the core content of which can be summarized as reducing down payments, lowering interest rates, extending loan tenure and adjusting the standard of ordinary housing.
The minimum down payment ratio for the first home loan is uniformly adjusted to 30%;The minimum down payment ratio for a second housing loan is based on the standard of the six districts of the city, with 50% for the purchase of housing in the six districts and 40% for the purchase of housing outside the six districts.
The maximum loan tenure has also been adjusted from 25 years to 30 years.
In terms of interest rates, the interest rates for the purchase of the first house and the second house in the six districts of the city are 43% and 48%；The interest rate for the purchase of the first home and the second house outside the six districts of the city is 42% and 475%。
This time, Beijing's new property market policy has optimized the criteria for the identification of ordinary houses, specifically, residences that meet the following criteria are considered ordinary houses:
First, the building floor area ratio of the community is 10 (inclusive) or above.
Second, the construction area of a single set is less than 144 square meters (inclusive).
Third, the transaction ** has different regulations according to the ring road - the transaction ** within the fifth ring road is 850,000 square meters (inclusive) or less (previously 3.)960,000 square meters);The fifth to sixth ring deals** at 650,000 square meters (inclusive) or less (previously 3.)1,680,000 square meters);Outside the 6th Ring Road** at 450,000 square meters (inclusive) or less (previously 2.)3.76 million yuan).
Compared with before, there are four obvious changes to the standard of ordinary houses:
First, the ** standard no longer sets the total price, and only retains the unit price standard.
Second, the unit price has been greatly adjusted compared with before.
Third, the standard line of construction area of a single set has been adjusted from 140 square meters to 144 square meters.
So, what impact will the new deal have on Beijing's property market?The role of interest rate adjustment is well known, so let's skip that part.
First of all, abolishing the distinction between ordinary and non-ordinary houses and uniformly reducing the cost of down payment will release more purchasing power.
For many years in Beijing's property market, almost all of the two sets are eighty percent down payment.
Previously, the second home buyer bought a 100-square-meter house with a unit price of 80,000 yuan in the Fifth Ring Road, and the down payment required 6.4 million.
Due to the high financial pressure, the replacement chain was also locked.
After the new policy, the down payment for the second house in the sixth district of the city was adjusted to 50%, that is, 4 million, and the down payment dropped by 2.4 million.
The lower down payment for a second home has reduced the financial pressure on home buyers, and they may not have to rush to sell their first home in order to free up their loan qualifications.
Secondly, the identification standard of ordinary houses in Beijing's property market will increase the proportion of houses that meet the standard of ordinary houses from 30% in the past to 70%, which will save a lot of taxes and fees for home buyers.
According to the regulations, in second-hand housing transactions, ordinary residences that have been completed for two years or more are exempt from VAT and additional tax, but non-ordinary houses will be subject to VAT even if they have been completed for two years, with a tax rate of 5%.
Therefore, after the implementation of the new standard for the identification of ordinary houses, the tax burden on home buyers will be reduced, thereby reducing the overall cost of buying a house.
Finally, the down payment ratio and interest rate of second home loans in the six districts of the city are higher than those in the six districts of the city, reflecting a clear tendency to channel.
The aim is to guide citizens to buy houses in different areas of the city through financial means, encourage the population of the central urban area to evacuate to the suburbs or further afield, and attract more people to buy houses in the six non-urban districts, thereby promoting the development of these areas and achieving balanced development of the city. At the same time, it also implicitly encourages citizens to buy houses close to their places of employment, reducing commuting time and costs, and achieving a job-life balance.
Let's talk about Beijing, let's talk about Shanghai.
Previously, Shanghai had been frantically testing on the edge of policy. The policy coverage of Jinshan District is detailed to the streets, which is quite meaningful.
And today, Shanghai did not hesitate at all, and followed Beijing to come up with a policy.
The core of Shanghai's new property market policy is similar to Beijing's, except that it has one less loan adjustment term.
Specifically, in the adjustment of the standard of ordinary houses, Shanghai's ordinary houses must meet two conditions: first, multi-high-rise housing with more than five floors (including five floors), as well as old-fashioned apartments, new-style alleys, and old-style alleys with less than five floors. Second, the floor area of a single house is less than 144 square meters (including 144 square meters). According to the previously formulated standards, within 2.3 million yuan outside the outer ring of Shanghai, 3.1 million yuan between the inner and outer rings, and 4.5 million yuan within the inner ring to meet the ** conditions of ordinary houses.
The down payment ratio for the first home has been adjusted from a minimum of 35% to a minimum of 30%.The down payment ratio for a second home is adjusted to a minimum of 50%. In terms of mortgage rates, the first home is 41%；The second suite is 45%。
Similar to Beijing's differentiation idea of separating the six districts inside and outside the city, Shanghai has divided the Lingang New Area of the Free Trade Zone and the six administrative districts of Jiading, Qingpu, Songjiang, Fengxian, Baoshan and Jinshan into separate areas, and the lower limit of the loan interest rate is adjusted to 4 for the purchase of a second house in these areas4%, and the minimum down payment ratio is adjusted to not less than 40%.
Beijing and Shanghai, as the last stubbornness of the property market, finally introduced a new policy for the property market before the end of the year.
However, looking at the new property market policy in Beijing and Shanghai, it is still digging deep into the original market demand, rather than siphoning purchasing power nationwide like other cities directly lifting purchase restrictions.
However, from one point of view, the purchasing power of the property market in Beijing and Shanghai has always been the highest in the country.
Under the opposition between the two sides, where is the property market in Beijing and Shanghai going?