After three years of public rental housing expires, you can choose to renew or purchase. Generally speaking, the term of public rental housing is only 5 years. After renting for 5 years, you can apply to buy public rental housing. Public rental housing has a term of five years. Tenants can return the public rental housing when they purchase and improve their residential housing. Or after the owner has rented for 5 years, he can purchase it through the bank at the cost price. When purchasing, you can also choose to pay in one go or in installments.

Legal Basis

"Measures for the Administration of Rental Housing of the People's Republic of China and Government ***"

Article 7 Application for Public *** Rental Housing , should meet the following conditions:

(1) There is no local housing or the housing area is lower than the prescribed standards;

(2) The income and property are lower than the prescribed standards;

(3) If the applicant is a migrant worker, he or she must have been stably employed locally for the specified number of years.