New real estate control policy, house purchase restriction order

In the past few years, the real estate market in China has been in a state of rapid growth, and the soaring housing prices have brought a heavy burden to the majority of buyers. In order to control the excessive rise of housing prices, the government has issued a series of regulatory policies, the most important of which is the house purchase restriction order. This paper will introduce the operation steps and influence of the housing purchase restriction order in detail.

What is a house purchase restriction order?

House purchase restriction means that the government stipulates that buyers can only buy a certain number of houses within a certain period of time, and houses that exceed the purchase restriction cannot be purchased. This policy aims to control the excessive rise of house prices and prevent bubbles in the real estate market.

Operating steps of house purchase restriction order

The implementation of the house purchase restriction order needs to go through the following steps:

1. Issue a purchase restriction order

The government issued a purchase restriction order, stipulating that property buyers can only buy a certain number of houses within a certain period of time. The release of purchase restriction orders usually has a clear time node and purchase quantity.

2. Property buyers apply for the qualification of purchasing houses.

Property buyers need to apply to government departments for the qualification of purchasing houses and prove that they meet the requirements of the purchase restriction order. Government departments will verify the identity information and purchase records of buyers to determine whether they meet the requirements of the purchase restriction order.

3. Buyers choose to buy a house.

Property buyers are free to choose their own houses under the premise of meeting the purchase restriction order. However, if the buyers' choice has exceeded the limit, then they can't buy the property.

4. Property buyers apply for the qualification certificate of house purchase.

After selecting the house to be purchased, buyers need to apply to the government department for proof of purchase qualification. Government departments will verify the purchase records and source information of buyers to determine whether they meet the requirements of the purchase restriction order.

5. The buyer goes through the purchase procedures.

Property buyers can go through the formalities of purchasing houses at real estate agents or developers after obtaining the qualification certificate of purchasing houses. The purchase procedures include signing the purchase contract, paying the down payment and handling the loan.

Influence of housing purchase restriction order

The implementation of the house purchase restriction order will have an impact on the real estate market and buyers.

1. Control house prices

The implementation of the house purchase restriction order can effectively control the excessive rise of house prices and prevent a bubble in the real estate market.

2. Reduce speculative real estate speculation

The house purchase restriction order can reduce the phenomenon of speculative real estate speculation, and prevent buyers from buying houses and speculating in real estate in large quantities, which will lead to an excessive rise in house prices.

3. Affect the buyer's purchase plan.

The implementation of the house purchase restriction order will affect the purchase plan of buyers. Buyers need to choose their own houses within the scope of purchase restriction, and they cannot choose to buy houses at will.

4. Affect the development of the real estate market

The implementation of the house purchase restriction order will affect the development of the real estate market, which may lead to a decline in sales in the real estate market and have a certain impact on the real estate industry.