Just on April 21, the public wechat account 'Ningbo release' of the Information Office of Ningbo municipal government released the latest interpretation of talent policy, and Ningbo talent purchase subsidy is another big move! The maximum subsidy is 8 million yuan, involving five categories of talents: high-level talents, basic talents, fresh undergraduates and postgraduates, young elite talents, and young returned talents. The main direction of subsidy is house purchase subsidy.
In addition to the large amount of subsidies for the purchase of high-level talents, according to the relevant policies of Ningbo, basic talents who purchase the only house of their families for the first time in Ningbo will enjoy 2% of the total purchase amount (subject to the tax amount excluding tax in the deed tax invoice), with a maximum of no more than 80000 yuan. The purchase time should be later than August 12, 2018 (inclusive). The graduation time of basic talents should be within ten years of the time of purchase.
Yan Yuejin, research director of think tank center of E-House Research Institute, pointed out that Ningbo's talent policy has a positive significance in reducing the cost of house purchase and stimulating housing consumption. The recent talent policies in many places are all aimed at attracting talents rather than rescuing the market, but objectively speaking, they will indeed stimulate real estate transactions. In particular, the situation of little spring in March will lead to the adjustment of market expectations. Cities with large subsidies for talents' housing may then have active housing transactions. In this process, we should also guard against risks such as house price speculation.