Talent policy adjustments are very beneficial for solving these problems and promoting economic growth.
Editor’s note: This article is from Zhongxin Jingwei, author : Zhang Wei.
In the near future, news of changes in the property market’s purchase restriction policy has been reported in many places. It is worth noting that they all appear in the form of “people buying new houses”. Which cities have introduced talent policies? Is the talent policy linked to the purchase of a house for “introduction of talents” or “selling houses”?
Multiple intensive talent policies
A few days ago, the Changsha Municipal Housing and Construction Bureau officially issued the “Measures for the Implementation of Changsha City’s Talent Purchase and Purchase Housing Subsidy”. The regulations stipulate that the first suite is not subject to household registration in a long-term, professional or above qualification or technician or above. And the tax and social security deposit time limit.
After combing, it has been found in Nanjing, Sanya, Tianjin and other places similar to Changsha in the past three months. Among them, Sanya experienced the “most restrictive purchase” in April last year. If the households of non-resident households in the province purchase housing, they must provide at least one family member’s personal income tax or social insurance payment certificate for five years or more in the province. Until October 15 this year, the Sanya City Housing and Construction Bureau and other departments issued a notice stipulating that full-time college education or above, in Hainan with proof of work can buy a house, no need to settle.
On the same day, Nanjing Liuhe District also issued documents stipulating that it has a college degree or above and provides a residence permit and academic qualification certificate in Nanjing, which can be used to purchase a house in Liuhe District and purchase a house without a work certificate. Previously, foreigners in Nanjing Liuhe District had to meet the conditions for paying social security for two years.
Multiple adjustments to the purchase policy have quickly attracted attention, and the market has produced an interpretation of “relaxation and purchase restriction”. In response, various localities have responded “not to relax purchase restrictions”. The Changsha Municipal Housing and Construction Bureau said that the news of “restricting purchases and relaxing” and “restricting purchases and loosening” in Changsha was not true. Nanjing Liuhe District and Sanya also responded to the purchase policy adjustment is not to relax the purchase, but the talent policy.
Future second-tier cities will also be adjusted
Since 2016, the local property market has intensively introduced a purchase restriction policy. However, the introduction of the talent policy in many places is to attract talents or to disguise them? Li Yujia, chief researcher of the Guangdong Housing Policy Research Center, believes that the city that issued the talent policy this round really attracts the demand of talents. Changsha is located in the central region, in the middle of Wuhan and the Pearl River Delta. To attract talents, it is necessary to lower housing prices and formulate a loose talent policy. Most of the housing attractions in Sanya are pension investment, and the shortage of talents restricts the growth of Sanya’s economic growth; Xiong’an, Gaobeidian, Langfang and other places are attracting the enterprises and populations that Beijing has solved. Tianjin must have a unique talent policy. competition.
“Population is the basis of real estate demandBasically, the characteristics of population mobility are the influx of large cities, and the net inflow of population in small cities will decrease. Only when the city increases its population can it obtain effective demand for real estate, and the consumption related to real estate can rise. This is an important reason why cities have linked property policy adjustments to talents. Li Yujia said.
Zhang Dawei, chief analyst of Zhongyuan Real Estate, believes that the talent policy has reduced the threshold for purchase restrictions in disguise, and after attracting talents, it has pushed the real estate market, which has a tight supply and demand structure, which has obviously brought about the rising expectations of the real estate market. However, he also pointed out that if the city is not prepared to retain talents after attracting talents, simply attracting talents can only lead to fluctuations in the real estate market.
According to the September 70 city house price index released by the National Bureau of Statistics, the sales price index of second-hand residential houses in 70 cities nationwide increased by 4.6% year-on-year in September, which was narrowed; the number of cities with second-hand residential housing prices rose by 40. Compared with the 43 in August, the situation is decreasing.
Xie Yifeng, Dean of China Urban Real Estate Research Institute, said that from the actual needs of the city, some cities have problems such as the downturn in the property market, large inventories, pressure on land revenue and pressure on housing enterprises, and talent policies. Adjustments are very beneficial for solving these problems and promoting economic growth. He predicted that in the future, more cities will adjust the property market restrictions in the form of talent policies, mainly in second-tier cities.