In the complex vein of the real estate market, a small property is like a mysterious wild cat – you love it because it's cheap; But you are also afraid of it because it is fraught with legal risks.
Yes, this year 2024, countless "new regulations" will hit like a storm, and the future of small property rights will be even more embarrassing.
In this case, will the small property disappear in the end?
Let's find out.
01
It's no secret that small ownership is often associated with low-cost, remotely located homes, or properties that have been left out of the formal market due to historical legacies.
There are so many families involved in this that the impact cannot be underestimated. For many years, the "mess" of small property rights has not been properly resolved.
By 2024, the country's attitude towards small property rights has become more resolute.
The first shot of the new regulations was launched: the registration and issuance of certificates for small property rights houses were completely banned.
What does that mean?
That is to say, no matter how beautiful your small house is and how complete the formalities are, as long as it is a small property right house, the state will not issue you a certificate.
It's like all the roads to legalization have been blocked, and the foundation of the market has been shaken in an instant!
What's even more ruthless is that the new regulations are also a heavy blow to the new construction and sale of small property rights.
It is clearly pointed out that no one should think of building or selling small property rights without approval. For the small property rights houses that have been built and sold, they will be demolished, rectified or paid back the land transfer fee according to the actual situation.
In a word: slowly "eliminate" small property ownership and reduce its adverse socio-economic impact.
02
At the enforcement level, the new regulations have called local governments to cooperate.
With real-time transaction and registration information sharing, every purchase and sale is guaranteed to be legal and compliant.
We will never be soft on illegal small property rights, and those who use illegal land will also be found out one by one.
What is the purpose?
It is to maintain the fairness and order of the market, and nothing can be messed up!
The new regulations are not only repairing small property rights, but also a deep-seated adjustment to the entire real estate market.
At the same time, the Government will continue to improve the regulatory system to ensure a stable and sound market.
03
For those who have already bought a small home, these new rules are a bolt from the blue.
They have to face a bunch of questions about unclear property rights, inability to take out loans, and difficulty in transferring.
What's even more tragic is that with the "tightening" of policies and changes in the market environment, the value of small property rights may continue to shrink, and even the risk of demolition is not impossible.
Experts suggest that home buyers need to pay close attention to policy trends, rationally assess their own risks, and consult professionals for help if necessary.
However, there are also opportunities hidden in the crisis. For those older houses with legal property rights, the new regulations bring a breath of fresh "market air".
With the withdrawal of small property rights from the stage, the scarcity of legal property rights is highlighted, and its value and price are also expected to recover.
At the same time, the new regulations also vigorously support the renovation of old communities and urban renewal projects, isn't this the spring of old houses? Policy support and financial guarantee are readily available.
In Uncle Yan's view, the new regulations in 2024 mark a new stage in the country's governance of small property rights.
The registration and issuance of certificates for small property rights will be completely stopped, and new construction and sales will be strictly restricted; Houses built and sold will be disposed of reasonably; The entire real estate market will usher in a profound adjustment. Buyers should pay close attention to the policy and rationally assess the risk, and the old house with legal property rights will usher in a fairer market environment and broad development prospects.
We look forward to a healthier and more orderly real estate market in this process, don't you think?