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<CN Home>Changsha Rolls Out 10 New Policies to Stabilize Property Mkt
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The Housing and Urban-Rural Development Bureau, the Natural Resources Bureau, and the Finance Bureau of Changsha County, Hunan Province, have jointly issued Several Measures to Promote the Stable and Healthy Development of the Real Estate Market in Changsha County. The ten measures, focusing on stimulating housing consumption, boosting investment confidence, and strengthening support for key elements, aim to ease burdens and enhance services from multiple angles. To encourage home purchases, the measures call for stronger financial services, higher housing provident fund loan limits, expanded coverage to include flexible workers, and support for using out-of-town housing provident funds to buy homes. While easing the burden on homebuyers, the measures will also reduce pressure on developers by optimizing land supply conditions. The land auction deposit will be allowed to be paid at the minimum ratio (20% of the starting price), and payment for land transfer fees can be made in installments. AAStocks Financial News |
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