Chengdu no longer new affordable housing to solve the real estate surplus　    

In June 21st, the Chengdu municipal government portal website "Chengdu Municipal People's Government on the supply side to promote structural reforms to promote the healthy development of the real estate market in our city" (referred to as the "opinions"), according to the requirements of the plan and strive to use five years to basically solve the problem of structural surplus of regional real estate market, to achieve the basic balance of supply and demand.

The "opinion" is considered to have integrated the recent policies of the real estate market to become the "New Deal". It is the most detailed guidance for real estate development in Chengdu in recent years.

There are 51 articles in the opinion, which include regulating market supply, promoting housing consumption, actively supporting enterprise development, optimizing market environment and strictly implementing territorial responsibility and so on in five aspects.

"Opinions" put forward, Chengdu will control the real estate land supply scale, consider a variety of factors of economic development, land resources, market demand, for the district (city) county (including Chengdu high tech Zone, Chengdu Tianfu new area, the same below) the annual supply of land for real estate development scale for planning control, plan control over indexes the suspension of real estate land supply. The proportion of commercial land in the land supply plan should be properly reduced by the county (city) with large inventory of commercial and office rooms.

It is worth noting that the different performance of the real estate market in different districts and counties, the "opinion" has made different requirements. According to the real estate market control information monitoring platform, the supply rhythm of the real estate development land in each district (city) county is dynamically adjusted. The sale period of newly built commercial housing can be sold for three months, which is lower than the lower limit. It will speed up the supply of commercial housing land, and the sales period will be higher than the upper limit in three months. Jinjiang District, Qingyang District, Jinniu District, Wuhou District, Chenghua District (hereinafter referred to as five), and the upper limit of the sales cycle of Chengdu hi tech Zone were 6 months, 12 months, Longquanyi District, Xindu District, Wenjiang District, Pixian, Shuangliu district sales cycle, lower limit respectively for 7 months, 14 month, other district (city) County, upper limit of the sales cycle were 8 months and 16 months.

In addition, the "opinion" clearly pointed out that Chengdu will co-ordinate the relocation of resettlement housing, affordable housing and commodity housing market. The reform of the shanty towns has been carried out in a comprehensive way by monetization, no longer the newly built houses, no new housing, and the purchase of the house. At the same time, guidance is introduced to guide and encourage land expropriated farmers to buy stock commodity housing to meet the housing needs.

There will be a further increase in financial assistance. Chengdu city residents pointed out that families for the purchase of ordinary housing in urban areas and the Chengdu high tech Zone of commercial individual housing loans, the minimum down payment ratio of 25%, the purchase of other district (city) County of ordinary housing can be floating down 5 percentage points; to have 1 sets of housing and the corresponding purchase loans outstanding to households, for to improve the living conditions of re apply for commercial housing loans to individuals to buy five and Chengdu high tech Zone of ordinary housing, the minimum down payment ratio to 35%, the purchase of other district (city) County of ordinary housing can be floating down 5 percentage points.

For migrant workers and farmers to buy commercial housing in the city, the maximum allowance for the total amount of 3% of the total. The "opinion" said that migrant workers or farmers to buy commodity housing in the city is more favorable. In addition to the five districts and the southern part of Chengdu hi tech Development Zone, other districts (cities) can purchase the general commodity housing for the first time at the local level, or give 3% of the housing subsidies to the migrant workers or farmers.

At the same time, migrant workers paid provident fund for more than 6 months can be used provident fund loans to buy commercial housing for migrant workers; commercial housing loans to individuals, can choose the matching principal repayment frequency, such as matching the principal repayment and monthly, quarterly, half year or year, down payment ratio reached 30% and above, to encourage financial institutions to implement preferential interest rate.