CCTV News: Nanjing, Jiangsu announced on March 31 that it would completely cancel the sales restrictions on commercial housing from now on, and measures such as increasing the support for rigid housing purchase policies for young people and further meeting residents' replacement and improvement needs.
At the press conference, Nanjing City announced the launch of seven policies, including the cancellation of sales restrictions, youth housing purchase support, housing exchange for new housing, and provident fund expansion. Through multi-dimensional support such as finance, provident fund, and transactions, the threshold for buying a house is comprehensively lowered to meet the urgent needs and improve needs.
From now on, the restriction on sales in Nanjing will be lifted throughout the city. Commercial housing can be listed and traded after obtaining the real estate registration certificate, effectively meeting residents' various housing replacement needs. At the same time, in order to increase the support for young people's rigid housing purchase policies, Nanjing City guides commercial banks to launch characteristic financial products with low down payment, low interest, low monthly payment and wide term, effectively reducing the threshold for young people under 45 years old to purchase commercial housing; in order to further meet the needs of residents' replacement and improvement, Nanjing organized and guided development companies to carry out the "buy new and help sell old" activity, with the first batch of government subsidies of 100 million yuan, combined with the promotional discounts of development companies, to promote the accelerated release of various types of housing improvement demand. In addition, Nanjing has also expanded the scope of use of housing provident fund. If the parents and children of home buyers meet the withdrawal conditions, they can apply to withdraw housing provident fund to pay the purchase price. Further expand the scope of monthly direct rent payment for housing provident fund to better meet the rental housing needs of new citizens, young people and other groups.
