On May 10, Chuzhou Real Estate Joint Conference issued a notice on printing and distributing "Several Measures for Further Promoting the Stable and Healthy Development of the Real Estate Market".
The "Measures" propose that the purchase of commercial housing (residential and non-residential) enjoys a financial subsidy of 50% of the deed tax actually paid by the purchaser. The financial subsidy policy is based on the filing time of online signing (the subsidy time is from 2023 1 October 1 to February 20231). After the registration of real estate, it shall be handled with the property right certificate, online signing filing form and deed tax payment certificate.
For those who buy the first commercial housing in this city, are under 35 years old and work in key industries in this city, they will be given a subsidy of 10% for ordinary college graduates, professional and technical personnel with primary titles and highly skilled personnel; Give college graduates (including higher vocational colleges) a subsidy of 8% of the purchase price.
Subsidized commercial housing shall not apply for advance notice registration change or property right transfer registration of housing other than spouse within 3 years from the date of obtaining the certificate of immovable property right or handling the transfer registration of immovable property right.
Significance of housing subsidy
Housing subsidy, as its name implies, is to buy the first house or two improved ordinary houses (excluding second-hand houses) in the urban area. Buyers can apply for housing subsidies regardless of whether their household registration is in the city or outside the city, in urban or rural areas, and each suite only subsidizes 35% of the total house price.
Housing subsidies are usually benefits provided by enterprises to employees. As long as employees buy houses, enterprises can provide corresponding subsidies to employees in proportion. People who buy a house in a designated property can get such a long-term housing subsidy.
Subsidies can make it easy for buyers to buy a house. According to the statistics of relevant departments in China, if the gap between the income of buyers and the house price is about 30%, then the house purchase subsidy is 36% of the house price, which completely makes up for this gap. The interest-free form of buying a house not only reduces the purchase price, but also reduces the monthly expenditure. Then, by reducing expenses and gradually accumulating wealth, the people will gradually relax from the pressure of buying a house all the way, and truly realize the happiness of owning a house.
The above contents refer to the portal website of Chuzhou municipal government-some measures to further promote the stable and healthy development of the real estate market