Marriage law ruling may help home sales

0 Comment(s)Print E-mail China Daily, August 29, 2011
Adjust font size:

In a recent interpretation of China's Marriage Law, the Supreme People's Court ruled that a spouse has no share of ownership of property bought in mortgage by the other spouse before marriage, causing many young Chinese to consider buying property before marriage.

In an online survey conducted by Sina.com, 58.8 percent of the respondents said they would consider buying a house by themselves to avoid further disputes after marriage. And 63.5 percent expressed the concern that the new interpretation won't cool down housing prices, but instead fuel further surges because now everyone has to secure a house of his or her own to defend their rights after marriage.

Li Xiaoling, a teacher, admits she is confused about what to do in the new situation. "Before, I decided not to buy an apartment myself, but now I am considering buying one," she said.

Lu Yunzhi, a 27-year-old fiancee of a Shanghai resident, feels the effect of the ruling. Lu is about to get married this year, and her boyfriend's family has purchased a house already.

"I am aware of the new marriage law interpretation and am a bit worried about the future. I mean, it's not fair for me paying the remaining mortgage debt together with my future husband without acquiring co-ownership of the house," Lu said.

But she added that she is confident of their love and marriage. "Otherwise, I wouldn't marry him," she told China Daily.

Public opinion is sharply divided about the change, with some applauding that it will encourage couples to focus more on love itself than sharing the spouse's assets, while many others worry that it is extremely unfair to women. Under the new interpretation, a woman's traditional work in the home would not entitle her to any compensation in property in the event of divorce.

Ding Shuhan, 21, said that although she has not discussed marriage with her boyfriend, she is concerned about the change in the marriage law.

"Many broken marriages result from men's extramarital affairs. The house used to be the only thing to make up for the betrayal to women, but now, there is nothing left to comfort them," Ding said.

However, a third opinion is emerging that the new interpretation will increase the likelihood that the man and woman both buy property separately before marriage or invest in the house jointly. That would be good news for property companies, which saw home sales put under pressure from policies adopted by the government.

According to the National Bureau of Statistics, property prices in Beijing and Shanghai increased 1.9 percent and 2.5 percent year-on-year in July. But as compared with the previous month, July's housing rates didn't see any change in the two municipalities.

"After the announcement of the new marriage law interpretation, we did some research at our brokerage chains to find out if there were changes in home buyers' behavior, but there is almost no change. Apparently, so far people are taking it well," said Song Huiyong, director of Shanghai Centaline Property's research and consulting department, a Hong Kong-based brokerage chain.

Song believes the new interpretation is reasonable and will eliminate potential concerns for those who are rich enough to buy an apartment before marrying. "But buying a house before marriage should not be the major trend in the future, because most families are not rich enough to afford an apartment paid by one family alone," he said.

Usually, an apartment is the last hurdle for many couples to overcome before tying the knot, and some even joke that it's the mother-in-law who drives up housing prices in first-tier cities by demanding that the couple must have a home of their own before she consents to her daughter's marriage.

Under the previous marriage law, a house purchased before marriage is jointly owned by the husband and wife, regardless of who paid for the property. Consequently, many young Chinese women wanted a husband who owned a house without a mortgage.

Soaring home prices have become an unbearable burden for many would-be grooms' families. But the new ruling issued on Aug 12, may reverse the status quo: Marriage is not enough to get the right to a house anymore.

Print E-mail Bookmark and Share

Go to Forum >>0 Comment(s)

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from China.org.cnMobileRSSNewsletter
主站蜘蛛池模板: 波多野结衣手机在线视频| 韩国午夜理伦三级2020韩| 女人被免费视频网站| 久久99九九国产免费看小说| 末成年美女黄网站色大片连接| 亚洲精品中文字幕无码AV| 真实的国产乱xxxx在线| 四虎影院最新域名| 进击的巨人第一季动漫樱花动漫 | 狂野欧美激情性xxxx在线观看| 又粗又大又爽又紧免费视频| 视频一区二区三区欧美日韩 | 国产交换配乱婬视频| 成人免费黄色网址| 国产精品96久久久久久久| 6080手机理论三级理论| 在线看免费毛片| a在线观看网站| 好爽好紧好大的免费视频国产| 中国毛片在线观看| 我要看特级毛片| 中文字幕精品一区二区2021年| 日本道在线观看| 久久精品国产精品亚洲毛片| 杨玉环三级dvd| 亚洲三级黄色片| 欧美一区二区三区视频在线观看| 亚洲最大的视频网站| 毛片在线播放网址| 亚洲精品国产啊女成拍色拍| 狠狠色综合网久久久久久| 免费一区二区三区四区| 粉色视频免费试看| 免费的看黄网站| 第九色区AV天堂| 免费在线观看视频| 看一级毛片女人洗澡| 免费女人18毛片a级毛片视频 | 日本卡一卡二新区| 久久久无码一区二区三区| 日本午夜免费福利视频|