The number of cities with "deregulation" of property market regulation policies continues to increase, including Kunming, Lanzhou, Fuzhou, Zhengzhou and other provincial capital cities, involving the cancellation of purchase and sales restrictions, the reduction of down payment ratio, the issuance of house purchase subsidies and so on. From the current situation, the policy effect differentiation between regions is more obvious, and the recovery of the property market in hot second tier cities is better than expected. Some cities with serious imbalance between supply and demand still need to introduce more policies in the future. The heat rises slowly According to the opinions of Hunan Provincial People's Government on implementing the strategy of strengthening the provincial capital and supporting the high-quality development of Changsha, the restrictions on the settlement of talents are relaxed. Employees with college degree or above in Changsha can immediately apply for settlement and enjoy the qualification of buying houses in Changsha. Promote the free settlement of high-level talents in the three cities of Changsha, Zhuzhou and Xiangtan. According to the statistics of Zhongyuan Real Estate Research Institute, since April, more than 30 cities have "loosened" the regulation and control policies of the real estate market. Since 2022, more than 80 cities have issued policies related to the property market. From the content of the regulation policy, it mainly includes giving house purchase subsidies, relaxing the settlement restrictions, and "loosening" the purchase and sale restrictions. Zhang Dawei, chief analyst of Centaline real estate, believes that the current market activity is insufficient. Although the credit policy continues to be loose and the difficulty of lending has been fully alleviated, the credit policy for improved housing in hot cities affected by the epidemic is still strict, and the overall heat of the real estate market is rising slowly. There are certain conditions attached to the policy The property market "deregulation" policy in some areas is attached with certain time limit conditions, and some areas have introduced the property market "deregulation" policy to deal with the impact of the epidemic. Kunming recently issued the opinions on promoting the stability of land price and house price in the real estate market. In order to alleviate the difficulties of real estate development enterprises during the epidemic, if the land transfer price is paid from June 1, 2021 to December 31, 2022, the enterprise can apply for an extension of 60 days. In case of installment payment, the payment time of each installment can be extended for 60 days at the time agreed in the original contract. Huaibei City, Anhui Province recently issued a policy that during the spring housing exhibition in 2022 (from April 30 to May 4, 2022), individuals or families who buy the family's first new commercial housing will be rewarded with 600 yuan / square meter (up to 60000 yuan). Financial institutions provide sufficient credit lines to give priority to meeting the mortgage loan needs of buyers during the housing exhibition. The materials are complete and meet the loan conditions. Generally, loans can be made within 5 working days. At the same time, the down payment ratio during the real estate exhibition was reduced to 20%. On a voluntary basis, real estate development enterprises provide a 3% - 5% discount on the total house price for individuals or families who buy new commercial housing. Huaibei housing and Urban Rural Development Bureau specially pointed out that this implementation opinion is only valid during the spring housing exhibition in 2022. In some areas, the "deregulation" policy is attached with certain conditions. Tianjin housing provident fund management center recently issued the notice on issues related to the withdrawal of housing provident fund for the purchase of the first set of housing and indemnificatory housing, which makes it clear that if employees do not use housing loans for house purchase, one of the buyers, his spouse and both parents can withdraw the housing provident fund at one time for the house payment that has been paid in full. The withdrawal amount shall not exceed the amount of housing provident fund before (including) the month when the house purchase contract or agreement is signed, and the total amount shall not exceed the house purchase price. Hot cities "deregulation" Limited The "deregulation" of property market regulation in hot cities is relatively limited. Among the first tier cities, only some banks in Guangzhou reduced the minimum mortgage interest rate to the same level as LPR, and there was no obvious action in other cities. From the perspective of hot second tier cities, the "deregulation" efforts of Suzhou and Nanjing are limited. Taking Suzhou as an example, the limited sales period of second-hand houses was adjusted from the past five years to three years. Yan Yuejin, research director of the think tank center of E-House Research Institute, believes that the relaxation of real estate regulation policies in provincial capital cities has certain wind vane significance and has a great impact on the expected transformation of the real estate market in their provinces. The policy effect has obvious differentiation among regions. 58 Zhang Bo, President of the branch of anjuke Real Estate Research Institute, said that the effect of regulatory policies in some cities has been shown, and the recovery of the property market in hot second tier cities is better than expected. Some cities with serious imbalance between supply and demand still need to introduce comprehensive policies in the future, especially adjusting the rhythm of land supply, effectively stimulating the demand side and promoting the stable development of the real estate market. (Xinhua News Agency)