What is public rental housing?

The full name of public rental housing is public rental housing. Public rental housing refers to the affordable housing provided by the state with policy support, limited construction standards and rent levels, and rented for families with housing difficulties with lower-middle income in cities and towns, newly employed workers without housing and migrant workers with stable employment in cities and towns.

Public rental housing is not owned by individuals, but by the government or institutions. Rent it to new employees at a price lower than the market price or affordable by the lessee, including some newly graduated college students, as well as some retirees and disabled people. There are also some groups who have migrated from other places to work in cities.

Can I buy a public rental house?

In fact, the circulation of public rental housing in the market cannot be called "buying and selling", because generally speaking, public rental housing is not allowed to buy and sell. I believe everyone knows that public rental housing in China is affordable housing. Although there is property right, this property right is owned by the state, so individuals just rent it out.

It may be said here that public rental housing in a certain place can be used for housing sales transactions. At present, some areas allow public rental housing to buy and sell houses, but it should be noted that this kind of buying and selling is also carried out with the government, that is, it cannot be privately traded with third parties. In addition, it belongs to public rental housing, and families can buy it after renting for 5 years.

Because the property right of public rental housing belongs to the state, in essence, the property right of public rental housing has two parts, including all property rights and some property rights. Here, we will focus on the matters that should be paid attention to when purchasing some production. When purchasing some property rights, within five years after purchasing some property rights for the first time, we should continue to purchase the remaining property rights at the original house price, and the house price needs to be re-determined after the time limit.

Then someone asked, what should I do if I want to sell the house after buying public rental housing for five years? If the buyer wants to sell the house, but needs to put forward the intention of selling the house after 5 years (it must be more than 5 years), he can apply to the local housing security department. If the property buyers buy public rental housing with partial property rights, some people will get profits in proportion after five years.