What is the impact of canceling the purchase restriction on housing prices?
After the cancellation of the purchase restriction, the house price has risen steadily, and many people want to buy a house in their own city. For example, some college students who have just entered the city to work are from other places and do not meet the requirements of paying social security years. After the cancellation of the purchase restriction, as long as they have the support of their families, they can buy a house directly without waiting for two or three years, which invisibly promotes the demand for buying a house, and the strong demand will indirectly promote the price increase. However, not all cities have cancelled the purchase restriction policy. You can consult the local housing trading center.
What are the restricted cities?
At present, most cities in China restrict purchases, such as Guangzhou, Shenzhen, Beijing, Tianjin, Wuxi and Nanjing. Basically, they are all restricted purchases in first-and second-tier cities. The so-called restriction refers to the need to meet the corresponding conditions before buying a house. In these restricted cities, people with foreign household registration must first have no house and have to pay social security for two to three years before they can buy a house.