Beijing New Housing & New Housing Authoritative Information Platform, Assistant (SFD532911340) Hot Sector New Houses, Land Auction Quick Information, Community, Evaluation, Grapevine.
In the continuous optimization and adjustment of the real estate market regulation policy, Beijing's housing loan policy for families who have been divorced for less than one year has ushered in a new turn. From today, buyers who have been divorced for less than a year and have no housing in Beijing will enjoy the treatment of the first home loan policy when applying for a housing loan. This adjustment marks a timely relaxation of the original strict control policy, aiming to better meet the reasonable housing needs of residents, especially in the context of the current real estate market facing profound changes.
Policy Background and Adjustment Motivations
Dating back to the "317" new policy in 2017, Beijing began to implement a strict policy of treating divorce as a second home loan within one year, aiming to curb the use of "fake divorce" to circumvent purchase restrictions and obtain lower interest rate mortgages, and prevent credit risks. However, with the passage of time, the real estate market environment has undergone significant changes, from overheating to an adjustment period, and the original restrictions have affected the real demand for housing to a certain extent, especially those who have no house and no loan in their names after divorce, and are facing unnecessary thresholds and burdens for buying houses.
The significance and impact of policy adjustments
This policy adjustment means that eligible buyers who have been divorced for less than one year will receive a significant reduction in the cost of buying a house. Taking the current mortgage interest rate in Beijing as an example, there is a 50-55 basis point spread between the first home and the second home, which not only means a lower loan interest rate for home buyers, but also reduces the pressure of loan repayment, which is conducive to releasing reasonable housing demand, especially the demand for rigid and improved housing.
Market reaction and long-term outlook
The recent performance of the real estate market has shown a complex situation, on the one hand, the transaction volume of individual cities has picked up, and on the other hand, the housing prices have generally maintained a downward trend, and the market has entered a typical "price for volume" stage. Despite this, first-tier cities still attract the attention and confidence of home buyers due to their population size, low homeownership rate, and continuous demand for improvement. Many people choose to start at this time precisely because of the expectation of a future market recovery.
Predicting and thinking about the future
From a long-term perspective, the long-term growth trend of housing prices in megacities around the world provides a guideline, and even in the face of short-term fluctuations, markets tend to be self-healing, as exemplified by the recovery in housing prices in Tokyo. Therefore, although it is difficult to accurately determine whether the current is at a historical low for home purchases, it is certain that investing in the relative bottom range can often obtain stable returns in the long run. At present, the market is in the bottom area of the fierce game between long and short, and it is important for those who are interested in buying a house to seize the opportunity and make decisions that meet their own conditions and expectations.
To sum up, this adjustment of Beijing's housing loan policy not only reflects the policy flexibility and response to market demand, but also releases a positive signal for the market, indicating that while ensuring the stable and healthy development of the real estate market, it will gradually optimize and adjust to adapt to the new market environment. For home buyers, understanding the logic behind the policy and carefully assessing their personal situation will be the key to making an informed decision.