In July, the property market is still in the rhythm of continuously introducing easing policies. Recently, many places have been eyeing the "family bucket" housing support policy of "one person buying a house and helping the whole family".
Tangshan New Deal Awakens "Sleep Fund"
"Tangshan Provident Fund" WeChat official account news, from July 15, Tangshan Housing Provident Fund Management Center launched a new policy of buying a house and repaying the loan. The parents who borrowed to buy a house can be the same borrower, which is commonly known as "one person buys a house to help the whole family".
The specific provisions of the policy are as follows: (1) Parents of single employees who borrow money to buy a house in Tangshan can provide repayment assistance as repayment parties; When a married employee borrows money to buy a house, both parents can provide loan repayment assistance as the same repayment person.
Parents or married children who borrow money to buy a house can provide loan repayment assistance as the same repayment person. For those with insufficient repayment ability, as the repayment party, they are allowed to participate in the calculation of repayment ability and increase the loan amount.
When explaining the "golden point" of this policy, Tangshan Housing Provident Fund Management Center said: First, it can promote the healthy and stable development of the local real estate market; Secondly, it can increase the amount of housing provident fund loans and enhance security and mutual assistance; Thirdly, we can wake up the "sleep fund" and turn the "hidden supplement" of the family into the "explicit supplement" of using the housing provident fund.
"At present, there are some problems in the actual use of the provident fund, such as the low utilization rate of the provident fund for actual buyers and the insufficient coverage of the provident fund for buyers." Jaco, dean of the branch of Anjuke Real Estate Research Institute, explained that such a policy can give full play to the role of provident fund to a greater extent and release a part of the accumulated and long-term idle provident fund.
Tangshan New Deal also mentioned that the policy is not only applicable to housing provident fund loans to buy houses, but also applicable to provident fund employees' commercial loans to buy houses. "For this kind of workers' families, if the maximum amount of provident fund loans is still insufficient, they can also participate in the' provident fund commercial bank loans', so they can borrow more commercial bank loans. Ensure that families can borrow more and then borrow more, and minimize the cost of buying a house. "Yan Yuejin, research director of the think tank center of Yiju Research Institute, said.
Recently, Tangshan, a city that once led the national housing price rise, boarded a hot search because "housing prices fell to the bottom". Earlier this year, Tangshan has issued a series of policies to stabilize the property market, including canceling the restrictions on purchases and sales, and adjusting commercial loans for house purchase and provident fund loans.
Shenzhen plans to join the "Family Barrel" group chat.
Shenzhen is also interested in the idea of "one person buying a house and the whole family helping".
On July 6th, Shenzhen Housing and Construction Bureau revised the Regulations on the Management of Housing Provident Fund Loans in Shenzhen, and formed the Regulations on the Management of Housing Provident Fund Loans in Shenzhen (Draft for Comment), which was open to the public for comments.
It is mentioned that the spouse, parents and children of the applicant, regardless of whether they pay the housing provident fund, can be regarded as having a * * * relationship with the applicant. If the applicant's spouse, parents and children are buyers, they shall be regarded as having a * * * relationship with the applicant. This also means that "one person buys a house and the whole family helps" is also expected to become a reality in Shenzhen.
"At present, the mood of buying houses in Shenzhen is relatively low, and the market expectation is relatively pessimistic. One of the main reasons is that housing prices in Shenzhen are still at the highest level in history, but everyone has insufficient confidence in future income and expectations. " Li, chief researcher of the Housing Policy Research Center of Guangdong Urban Planning Institute, believes that loosening the provident fund policy, especially the form of "family help", can not only improve the down payment ability, but also improve the monthly payment ability and reduce the monthly payment burden, which is the starting point and the foothold of policy adjustment.
As a first-tier city with cautious regulatory policies, Shenzhen's consideration of loosening the provident fund policy is also based on the fact that its property market transaction volume has reached a historical low.
Affected by factors such as repeated epidemics in the first quarter and unusually low supply and demand, the performance of Shenzhen's new housing market is not as good as that of the same period last year, and the transaction situation has dropped from a high level in the second half of last year.
The decline of second-hand houses is even greater than that of new houses. According to the data of Shenzhen real estate information platform, the number of second-hand residential transactions in Shenzhen decreased by about 64.96% from June to June this year. According to the statistics of Leyoujia Research Center, the transaction volume recorded the worst performance since 2007.
"The main theme of Shenzhen's future policy is to reduce costs, and new citizens and houseless households have priority to buy." Li said that it is a clear signal to boost market expectations to lower the threshold for purchasing houses from provident funds and use all the provident funds of families and immediate family members as the support for residents to purchase houses.
There is room for "one person buying a house and helping the whole family", mainly in third-and fourth-tier cities.
"The provident fund policy is a localization policy, which is decided by the local authorities, and the local authority is relatively large. Moreover, the provident fund policy generally considers just-needed, improved and local demand, which has the function of reducing costs and supporting reasonable demand. " Li believes that the pressure of loosening is relatively small. Once the market goes down, all localities regard the provident fund policy as the first choice for the rescue policy.
"One person buying a house and helping the whole family" is a relatively innovative policy in this round of adjustment of the housing accumulation fund policy. At present, there are still ten spaces for similar policies.
At the beginning of June, Zhuhai, one of the China Special Economic Zones, took the lead in proposing "one person buying a house to help the whole family". Employees who have paid the provident fund in Zhuhai can withdraw 90% of the account balance to help their immediate family members pay the down payment, or they can withdraw the provident fund monthly to help their immediate family members repay the house purchase loan.
The same idea was soon implemented in Ziyang, Sichuan. On June 6, Ziyang proposed to implement intergenerational mutual assistance of provident fund families, and paid employees to buy self-occupied housing within the administrative area of this city, and they could apply for withdrawing the housing provident fund of their parents or children to pay for the house purchase.
In the process of the introduction of the New Deal, local laws and regulations were more detailed. For example, in Chizhou, Anhui Province, it is clear that when a paid-in employee family applies for a housing provident fund loan for the second time, it can withdraw the balance of the provident fund account of family members (husband and wife, parents and children) to pay the house price, and the sum of the total withdrawal and the loan amount shall not exceed 80% of the total purchase price.
It is worth noting that more than ten cities that have introduced policies are mainly third-and fourth-tier cities as a whole. In addition to Shenzhen, a first-tier city that has just released documents for comments, only Tianjin is a new first-tier city.
"Provident fund loans in some third-and fourth-tier cities account for a relatively high proportion of total house prices. If this policy is implemented, the promotion of the market will be more obvious. " Jaco thinks. (End)