Big cities are short of money, and housing prices are getting higher and higher. Many young people feel that ordinary houses can no longer afford to buy, so it is better to buy a small apartment first. So, what is the difference between an apartment and a regular house?
01, the difference between apartment and ordinary house
The difference between apartments and ordinary residences is very large, mainly in the following aspects.
The tenure of property varies
The most fundamental difference between apartments and residences is the different land use attributes, apartments belong to commercial land, and the property rights period is 40 years. Residential land, on the other hand, is 70 years old.
The cost of buying a home is different
The total price of an apartment is generally lower than that of a dwelling, but it requires a 50% down payment and a loan term of up to 10 years. The down payment ratio of ordinary houses is 30%, and the loan time can be longer.
Taxes are paid differently
According to the current housing tax policy, apartments belong to commercial and residential housing and cannot enjoy policy preferences. And if the house is a second-hand housing transaction, the payment of apartment taxes and fees will be more complicated than the house.
Purchase restriction policies are different
The purchase restriction policy varies from place to place, and some areas do not have a restriction on the purchase of apartments, which also makes apartments the choice of those who just need to buy a house.
The cost of living is different
The apartment is commercial hydropower, so the cost is higher than that of ordinary houses. In addition, gas and property management fees are also higher than ordinary residences.
02、How to choose apartments and ordinary residences?
Buying an apartment or an ordinary house depends on the actual needs. Whether it is self-occupation or investment, the following aspects should be considered.
Local home buying policy
Before buying a house, it is necessary to understand the local home buying policy. In recent years, the housing purchase policies of various places have been constantly revised. In order to solve the problem of just needing housing, various restrictions on apartments have also begun to be slowly relaxed.
Individual housing needs
For those who just need it, buying a house should consider the needs of settlement, school districts and so on. For investors, buying a house is mainly to consider how much space there is for capital increase.
Actual economic capacity
Buying an apartment or an ordinary house also has to consider the actual economic ability. If the economy is tight and the funds are limited, then the apartment is also an option.
Long-term investment plan
Buying a house should also consider the long-term investment plan, even if it is self-occupied, do not ignore the investment attributes of the house.
Conclusion: In summary, the difference between an apartment and an ordinary house is still very large. As for how to choose, it depends on the specific situation.
This article is edited by Qi Jia Xiaocai, the picture part comes from the Internet, invaded and deleted!
Article Source: Selected Cases of Small Apartment Renovation (jiaxhx)
Decoration Assistant: Qi Jiavv