The reason for this is mainly because the real estate market in many counties is very poor and the local real estate sales are also very cold. This is mainly because the local purchasing power has been seriously overdrawn. Even though many counties are actively encouraging farmers to buy houses, few people can afford them. If the housing prices in these counties remain high, real estate developers in many counties may default on their debts, which is the main reason why many counties actively encourage people to buy real estate, because this way can help local real estate developers alleviate short-term cash flow problems.
Sixian County, Anhui Province is advocating public officials to actively purchase houses.
The news happened in Sixian County, Anhui Province. In order to alleviate the local real estate problem, the local government is actively encouraging relatives and friends of public officials to actively buy houses. In the process of buying a house, ordinary buyers can enjoy certain subsidies. Because the income of public officials is generally stable, many people have the ability to repay personal housing loans for a long time, so these people are really excellent candidates to buy a house.
Personally, I am not optimistic about this measure.
Personally, if there is no problem in a local real estate market, this place simply does not need to introduce such measures to buy a house on its own. When there is a real estate problem in a place, the most important thing in this place is to reduce the local housing prices and pay more attention to the basic rights and interests of ordinary buyers. If this is not possible, many measures may only be aimed at maintaining a short-term balance. Once no one really buys a house in this market, house prices in many places may plummet.
In addition, except for many houses in small counties, the real estate market in many second-and third-tier cities across the country is also very bad, and local house prices will drop by at least 20%.