Changsha has issued a Notice on Further Optimizing Real Estate Development Measures to encourage home "trade-ins".For families or individuals in Changsha who sell their own homes and then purchase newly built commercial housing in the city and complete the online contract filing within one year, a purchase subsidy of 1% of the total new home transaction price will be provided, though the amount will not exceed RMB30,000 per unit.Related NewsM Stanley: CHINA RES LAND (01109.HK) Accelerates Biz Transformation; Stock Reaffirmed as Sector Top Pick w/ Rating OverweightThe notice also mentioned the steady advancement of housing voucher resettlement, aiming to actively promote the renovation of urban villages and dilapidated urban housing and encourage districts, counties, and cities to implement housing voucher resettlement methods based on their actual conditions in housing expropriation work.