2014-07-15

Rumor: Changsha Will Ease Restrictions

Rumor has it that Changsha will allow non-resident home buyers to tap their public housing account. Both employee and employer may contribute to housing funds that can be used later for a home purchase, Changsha will allow residents of other cities to use this money to buy a home in Changsha.

Changsha will also cancel previous buying restrictions. A third change is that in the Xiangjiang New District, home owners who sell an existing home and buy a new home will pay 50% less in taxes.

传长沙取消楼市限购 可使用外地公积金买房
Implementing a multi-year Changsha property purchase policy is about to be canceled.

July 14 afternoon, according to Changsha insiders broke the news: "1, Changsha cancel the purchase of policies previously implemented with immediate effect 2, non Changsha account buyers can use foreign funds in Changsha, buyers 3, in the Xiangjiang River District. Sell ​​old to buy a new home buyers, the CMC to give 50% of the deed subsidies. these implementing rules promulgated selection. "

As of now, there is no official document formally announced. Xiangjiang River in Changsha City Construction Committee and the New Area Administrative Committee responsible capita declined to be interviewed.

Confirmed by multiple sources, following Hohhot after Jinan since July 10 was canceled housing restriction policy, but asked "do not say," Nanchang, followed by "word of mouth" opening purchase. Just recently, Wuxi, Xiamen also went to cancel the purchase of outgoing messages. Following this, let's expanding the scope of the purchase, but in most places, "secrecy", for fear of being labeled opinion "bailout" label.

Earlier reports said it expects the purchase of policies over 30 cities during the year will likely be canceled.

Beijing Zhongyuan Zhang Dawei, chief analyst believes that although the end of 2008 many of stimulus measures on the property market triggered the market rebounded sharply in 2009, but the results will be different from the previous round of fine tuning market reaction.


Dawei that fine-tune the policy is expected to result from the point of view, tax incentives and the purchase of short-term market will result in a slight relaxation of the good, the market is expected out of the wave upstream market; But if there is no essential changes in credit policies, the market because of excess supply in many regions adjustment has been difficult to avoid the continued trend.

Review: "The most liberal version of" Changsha HPR

Changsha, March 4, 2011, is the industry known as "the most liberal version of" restriction order was promulgated, "90 square meters (inclusive) of new housing" as a watershed to limit purchase. Has been implemented so far, no new restriction policies.

Changsha HPR main elements: right in the city downtown (five municipal areas, the same below) has a set of family housing (ring Tan family residence), the purchase of a set of 90 square meters (inclusive) the following new housing; No housing for the urban areas in the city and be able to provide the city residence of foreign families, the main city in the purchase of a set of 90 square meters (inclusive) the following new housing; right downtown in the city, has two sets of (more) family housing, with a set of (more) housing foreign families can not provide the city residence of foreign families, the main city in the city suspended the purchase of 90 square meters (inclusive) the following new housing

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