上海进一步限制企业购买住房 - 2018年07月06日

Shanghai took a further step in its fight against housing speculation last night by stating that only qualified enterprises will be allowed to purchase new residential units in the city, following similar moves taken earlier in Xi'an, Changsha and Hangzhou.

Effective today, to be eligible for new home purchase, companies need to have been set up for at least five years, pay taxes totaling at least 1 million yuan (US$150,475) in Shanghai, and employ at least ten staff who have paid social security insurance and public housing provident funds within the company for at least five years, according to a statement posted on the official website of the Shanghai Housing and Urban-Rural Development Commission.

Enterprises that have paid taxes exceeding 5 million yuan in Shanghai are qualified to purchase new homes anyway.