In addition to the policies of liberalizing purchase restrictions, sales restrictions and reducing down payment, many places have recently introduced new policies on housing provident fund, making it clear that immediate family members can withdraw housing provident fund to pay for house purchases and repay housing loans< Br>

according to incomplete news statistics, since May alone, at least nine cities, including Shaoyang, Hunan, Chaozhou, Guangdong, Ziyang, Sichuan, Qinhuangdao, Hebei, Zhuhai, Guangdong, Ganzhou, Jiangxi, Cangzhou, Hebei, Chizhou, Anhui and Chuxiong, Yunnan, have issued new policies on provident fund loans. Many places mentioned in the policy that inter generational mutual assistance among provident fund families and “one person buying a house for the whole family” have been implemented< img alt="" style="width:600px;" src=" https://imagecloud.thepaper.cn/thepaper/image/199/990/869.jpg "> Taking Zhuhai, Guangdong Province as an example, on June 1, Zhuhai Municipal Housing Provident Fund Management Center released the” industry first “work plan for giving full play to the role of housing provident fund in supporting services. It is mentioned in the plan that” one person can buy a house and help the whole family “. Employees in Zhuhai can withdraw 90% of the account balance to help their immediate family members (spouses, parents and children) The down payment for house purchase can also be withdrawn monthly according to the loan repayment to help their immediate family members (spouses, parents and children) repay the house purchase loan< Br>

the introduction of this policy has also attracted the attention of the industry. “At present, there are many actions to reduce the cost of house purchase in the national real estate field, especially from the perspective of reducing down payment and mortgage interest rate, but more from the loan policy of commercial banks. Zhuhai has made it clear that the use of housing provident fund can be used to support family members’ house purchase: it can be used not only for the down payment of house purchase, but also for the follow-up monthly loan, which can better meet the housing consumption needs of deposit workers 。” Yanyuejin, research director of the think tank center of E-House Research Institute, said< Br>

in addition to Zhuhai, on June 7, Guangdong Chaozhou housing provident fund management center issued the notice on the phased adjustment of housing provident fund withdrawal and loan policy, and introduced the policy that direct relatives withdraw the provident fund to pay the down payment. The new deal points out that if a person purchases a first-hand commercial housing in Chaozhou from June to December 2022, he or she and his or her immediate family members (spouse, parents, children) can withdraw the housing provident fund from the housing provident fund office window to pay the down payment for the purchase by presenting the commercial housing subscription agreement, deposit payment voucher, certificate of immediate family relationship, letter of commitment and other materials< Br>

in addition, the Qinhuangdao housing provident fund management center of Hebei Province issued detailed rules on the implementation of the municipal government’s “several policies and measures on stabilizing the city’s economic operation” on June 6. The detailed rules proposed that Qinhuangdao city should give full play to the mutual assistance function among family members and pay depositors to purchase new self occupied housing in the city, Parents of both husband and wife can apply for drawing housing provident fund to support their children’s house purchase (only once)< Br>

on the same day, the notice on < policies and measures to promote the steady and healthy development of the real estate market > issued by Ziyang housing provident fund management center, Sichuan Province, mentioned that inter generational mutual assistance among provident fund families should be implemented. If the deposited employees purchase their own houses in the administrative region of the city, they can apply for drawing the housing accumulation fund of their parents or children to pay for the house purchase; Where a deposit worker and his / her parents or children jointly purchase a self occupied house within the administrative region of this Municipality and apply for a housing provident fund loan, the restriction on the share of the deposit worker in the property right of the jointly purchased house shall not apply< Br>

Liangnan, an analyst at Zhuge housing search data research center, pointed out that from a formal point of view, the policy adjustment of “one person buying a house for the whole family” was carried out from the aspects of helping to repay the loan, helping to withdraw the down payment from the provident fund and withdrawing the relatives’ provident fund to pay for the house purchase, which further reflected the flexibility and diversity of the policy adjustment and echoed the policy orientation of supporting the reasonable housing needs of residents< Br>

Liang Nan believes that the introduction of such policies is mainly due to the slow repair process of the current real estate market, coupled with the repeated epidemics in many places, resulting in the weakening of the real estate trading market. Cities should appropriately adjust their real estate market policies based on urban policies, share the economic pressure of property buyers through the help of their immediate family members, repair the purchasing power of residents from the demand side, and help boost the purchasing sentiment of residents, It is innovative to provide an adjustment example for the adjustment of the national provident fund policy. It is expected that some cities with low property market prosperity will follow up such policies to promote the expected repair of the market.