2024-03-14 04:30:41
On September 28, 2023, a construction worker walked past a residential complex under construction by Chinese real estate developer Evergrande Company in Wuhan City, Hubei Province, central China. (STR/AFP via Getty Images)
[The Epoch Times, March 14, 2024]On March 14, Hangzhou City, Zhejiang Province fully relaxed the purchase restrictions on second-hand houses. People said, “Finally I can’t hold on any longer. Unfortunately, the market has always been regarding buying up and not down!”
On the 14th, the Office of the Leading Group for the Stable and Healthy Development of the Real Estate Market in Hangzhou issued the “Notice on Further Optimizing the Control Measures for the Real Estate Market” (hereinfollowing referred to as the “Notice”) stating that the purchase of second-hand housing within the city will no longer review the qualifications of home buyers. At the same time, the value-added tax exemption period for individual housing sales within this city has been adjusted to 2 years.
A Zhejiang netizen left a message saying: “Business is slow, so naturally we have to let go.”
Shanghai netizens said, “Haha, I can’t hold on anymore. Unfortunately, the market has always been regarding buying up and not down!”
Sichuan netizens believe: “The more aggressive you shout, the less people will buy it.”
Before Hangzhou relaxed the purchase restrictions on second-hand housing, on January 27 this year, Guangzhou, Guangdong Province announced a policy to relax purchase restrictions in the property market; on the 30th of the same month, Shanghai also announced a policy to relax purchase restrictions in the property market, and Suzhou, Jiangsu Province also canceled the purchase restrictions policy on the same day.
Previously, Zhengzhou, Lanzhou, Dongguan, Foshan, Shenyang, Jiaxing, Dalian, Nanjing, Jinan, Qingdao, Fuzhou and other cities have completely canceled purchase restriction policies.
In this regard, Cai Shenkun, an independent commentator and columnist, posted on the social platform
China’s housing market continues to deteriorate. The latest data, on February 29, the China Index Academy released the sales performance rankings of Chinese real estate companies from January to February 2024, showing that from January to February this year, the total sales of the TOP100 real estate companies was 476.24 billion yuan (RMB, the same below) , a sharp drop of 51.6% compared with the same period last year.
Among them, the sales of the top 100 real estate companies in February decreased by 29.3% compared with January. There are 14 real estate companies with sales exceeding 10 billion yuan, 12 less than the same period last year; 8 real estate companies with sales exceeding 5 billion yuan, 18 less than the same period last year.
Editor in charge: Xiao Lusheng#
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