Recently, the relevant departments reiterated the second home loan policy, and many banks followed suit. What impact will this bring to Xiamen property market? Most people in the industry interviewed believe that the tightening of second-home loans has obviously suppressed investors. However, due to macroeconomic inflation expectations and the current hot land market, Xiamen's housing prices have limited room to fall, and overall they are still developing steadily.
Mr. Zhang took a fancy to a house of 140 square meters on Xiahe Road on the island half a month ago and paid a down payment. Originally, I wanted to rent out the small house of 57 square meters where I live now, and live in this big house with my parents and girlfriend in my hometown. Unexpectedly, news came from the sales office last week that the bank has recently tightened the second home loan policy, and the state-owned banks that are handling loans for them will issue loans in strict accordance with the standard of "second home".
Although you can "invest" in other joint-stock banks that have not strictly tightened policies, or borrow money in the name of your girlfriend, Mr. Zhang is still bulging. He is worried that under the policy control, the Xiamen property market will repeat the scene of sharp cooling in 2007, and his house will be bought "in advance" when the price trend is uncertain.
Recently, there are quite a few people who have similar puzzles like Teacher Zhang. Some properties even heard the voice of customers who had paid the deposit asking for a return, and the transaction speed of the second-hand housing market also slowed down significantly.