Why do all localities cancel the purchase restriction?

At present, there is no sign of loosening the purchase restriction policy in the local property market. The top management has repeatedly said that the regulation policy will not waver, and no place below dares to touch the bottom line. However, not canceling the purchase restriction does not mean that there is no way for the local authorities. When the property market is weak, the local land revenue will decrease, and the local expenditure pressure will increase. With so much expenditure every year, the land revenue provides most of the sources, so the local authorities will not be willing to see a sharp downward trend in house prices. Once there are signs of downward trend, the local authorities will enhance the support of the property market through disguised means, most obviously through the so-called talent introduction to loosen the property market in disguise. Some time ago, there was a talent war between two cities, and even the newly graduated students were regarded as talents, which made the new leek really proud, but the effect brought by the so-called talents entering this city was the rapid rise in house prices. The housing prices in Xi &;an, Wuhan, Chengdu and other cities have all attracted the attention of the public through the introduction of so-called talents. Under the effect of purchase restriction, house prices have basically maintained a reasonable rise, but how to make the high house prices return under the effect of purchase restriction is not only the formulation of policies, but also the implementation level.


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