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Zhengzhou housing provident fund is open to the outside world. How much impact does this have on Henan property market?
Due to the economic development, the real estate market is very depressed. Many developers have a hard time, and even many real estate developers' capital chains are broken, which leads to bankruptcy and many unfinished buildings. A large number of property buyers have paid the down payment and the loan every month, but they have never been able to get the house. In order to better promote the recovery of the property market, the government has also introduced a series of regulatory policies to liberalize the restrictions on sales and purchases, among which Zhengzhou housing provident fund is open to the outside world.

Zhengzhou regards paid employees in other cities in the metropolitan area as local deposits, and employees can apply for housing provident fund loans in different places when buying houses in Zhengzhou, without first obtaining household registration in Zhengzhou administrative region, which is conducive to activating domestic demand in the property market and accelerating the flow of funds and talents between cities. However, I don't think this policy will have much influence and effect on Henan property market. There are many local control policies, but house prices have not dropped. Many citizens are still waiting to see and will not easily choose to start.

There are a large number of uncompleted residential flats in Henan, and local residents are pessimistic about the property market. Everyone is worried that they will buy uncompleted residential flats, so they all cancel their own purchase plans. In addition, with the economic downturn, many people are forced to lose their jobs, and even maintaining their daily lives is a problem, let alone buying a house. Therefore, the current property market will only be more severe, because the citizens have no money at hand, and no matter how good the government policies are, they can't get up.

I think the urgent task of Zhengzhou is to solve the problem of these uncompleted residential flats, so as to enhance the confidence of the citizens. Now many developers have run away, leaving these uncompleted residential flats to buyers, which has also caused great social contradictions. If this trend continues, the real estate market will only become more depressed. Let these citizens really benefit, not just shouting slogans, so as to increase the transaction volume of the house and let everyone regain their confidence in the property market.