Is there any city that cancels the purchase restriction of houses?

Cities that have cancelled the purchase restriction of houses, such as Fuzhou, Zhengzhou, Harbin and Qingdao Jimo, have cancelled restrictive measures such as purchase restriction and sales restriction. Among them, Fuzhou has six districts including Gulou, Taijiang, Cangshan, Jinan, Mawei and Changle, and six counties including Minhou, Lianjiang, Luoyuan, Minqing, Yongtai, Pingtan and Fuqing.

Non-registered families (including Hong Kong, Macao and Taiwan) in the fifth district of Fuzhou can buy a set of ordinary housing below 144 square meters without providing medical social security or tax payment certificates in the last two years 12 months or settling down. After buying a house, the house is still affected by the restricted sales policy. In addition, Changle household registration is also a local household registration in Fuzhou, and buyers with Changle household registration can buy two houses in the five districts of Fuzhou.

What will be the impact of canceling the property purchase restriction policy?

1. It is a natural choice to cancel the property market purchase restriction to boost the local economy, activate the real estate market, and let real estate drive the recovery of downstream industries. Other provinces also have similar growth challenges to varying degrees. However, this does not mean that the property market restriction will inevitably lead to the extensive growth of the property market again.

2. People's purchasing power will not increase because of the cancellation of the property market purchase restriction. People who can afford to buy a house have the ability to buy a house in other ways even if they don't cancel the purchase restriction. People who can't afford to buy a house, even if the property market is reduced, can only look at the building and sigh. The high threshold of property market transactions limits its transaction volume, and the stimulating effect of canceling the purchase restriction on people's purchase may be less than that of implementing the purchase restriction. If the transaction volume does not go up, the prosperity of the property market will be limited.

3. There is no need to be too sensitive to cancel the property market purchase restriction. With the cancellation of the property market purchase restriction, will the relevant institutional environment of the property market be adjusted? If we continue to use the old method of low-cost land acquisition, raising the land transfer price and then pushing up the floor price, then the property market may indeed repeat the ups and downs; If the property market price structure and local financial structure are optimized through tax reform, then canceling the property market purchase restriction will become a brand-new starting point.