Types of commodity and non- commodity housing in Beijing (10)

Self-use commercial housing intends to make homes more affordable for lower-middle income groups. The price of self-use commercial houses is 30 percent cheaper than normal commercial housing in the same area. The owner is not allowed to sell it within five years of purchase, and once the house is sold in the market after five years, the house owner must return 30 percent of profit to the government’s financial department. The applicants for the house must have Beijing hukou or have paid tax or social security in Beijing for five straight years.