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Can the "trade-in" policy really save the property market?

author:Zhengdu's life book

The Zhengzhou municipal government recently launched an innovative "trade-in" policy aimed at addressing the current backlog of second-hand housing in the city's real estate market and promoting the healthy development of the new housing market. The highlight of this policy is the first attempt to implement the second-hand housing collection, storage and replacement mechanism, which includes the following key measures:

First of all, the policy proposes the concept of "trade-in", that is, citizens are allowed to use their second-hand houses directly in exchange for new ones. In this way, the government hopes to effectively activate the market and open up the replacement chain, thereby promoting the overall circulation of the real estate market.

Secondly, in order to solve the price barriers that may arise in the replacement process, the policy stipulates that the second-hand housing will be priced by a professional appraisal agency. Such an arrangement helps to ensure the fairness of the transaction, improve the efficiency of the exchange, and also protect the interests of consumers, making the whole exchange process smoother.

Prior to Zhengzhou, other cities had taken similar measures. For example, in September 2022, Zhengzhou Real Estate completed the first batch of 20,000 units of stock housing, which are mainly used for talent apartments.

This new policy of the Zhengzhou municipal government is a supplement and innovation to the existing means of regulating the real estate market. Through this direct intervention in the market, the government can not only regulate market supply and demand more effectively, but also provide more choices and convenience for citizens, and at the same time help stabilize housing prices and promote the healthy development of the real estate market.

Overall, Zhengzhou's policy attempt is a positive response to the current real estate market challenges, which can not only alleviate the inventory pressure of the second-hand housing market, but also inject new vitality into the new housing market and achieve a virtuous cycle of the market. The effectiveness of the implementation of this policy still needs to be further observed in the market's reaction and actual operation. #郑州本地好用攻略#

Can the "trade-in" policy really save the property market?
Can the "trade-in" policy really save the property market?
Can the "trade-in" policy really save the property market?