According to reports, the conference on optimizing real estate policy regulation in Beijing, Shanghai, Guangzhou, and Shenzhen is scheduled to be held this month.
According to a report from "Economic Observer Network," a meeting convened by senior officials from Beijing, Shanghai, Guangzhou, and Shenzhen will be held this month. The theme of the meeting is how to adjust and optimize real estate-related policies. It seems that various tools are already in place across different regions, waiting only for a signal, more specific guidelines, and a clearly defined space for optimization. Three days after the Political Bureau meeting that determined significant changes in the supply and demand relationship in the Chinese real estate market, the Ministry of Housing and Urban-Rural Development publicly stated its position late on July 27. Minister Ni Hong expressed strong support for both rigid and improved housing demand during a symposium, and specifically mentioned three measures, including reducing the down payment ratio and loan interest rates for first-time homebuyers, tax and fee reductions for improved housing upgrades, and separating housing ownership from loan eligibility.
According to a report from "Economic Observer Network," a meeting convened by senior officials from Beijing, Shanghai, Guangzhou, and Shenzhen will be held this month. The theme of the meeting is how to adjust and optimize real estate-related policies. It seems that various tools are already in place across different regions, waiting only for a signal, more specific guidelines, and a clearly defined space for optimization. Three days after the Political Bureau meeting that determined significant changes in the supply and demand relationship in the Chinese real estate market, the Ministry of Housing and Urban-Rural Development publicly stated its position late on July 27. Minister Ni Hong expressed strong support for both rigid and improved housing demand during a symposium, and specifically mentioned three measures, including reducing the down payment ratio and loan interest rates for first-time homebuyers, tax and fee reductions for improved housing upgrades, and separating home ownership from loan eligibility. (jl/w)