Meaning of "Restrictions on resale"
This is a system designed to curb speculative demand by restricting the sale or resale of pre-sale rights or apartments for a certain period after their acquisition, thereby preventing their resale until a specified date.
"As the government tightened resale restrictions, transactions aimed at making short-term profits from price fluctuations declined."
Related slang words
Loan regulationsMeasures taken by the government to manage household debt by restricting or tightening limits, interest rates, and eligibility criteria for mortgage loans in order to regulate lendingMortgageThis is a typical real estate loan product in which funds are borrowed from a bank using a home as collateral.Regulated AreasThese are areas designated by the government for the implementation of real estate regulations—such as restrictions on loans and tax policies—based on the assessment that housing prices (or real estate prices) are rising rapidly.Quota systemAn abbreviation for the "sales price cap system," this is a policy that limits sales prices on public land and other sites to a certain amount or less to prevent excessive capital gains.Sold outThis means that all units (particularly apartments and pre-sale units) have been sold (contracted) within a short period of time and are now sold out.Re-conversionThis is a system that requires the government to recover any excess profits generated by redevelopment projects that exceed a certain threshold (short for the "Redevelopment Excess Profit Recovery System").AparthotelA term combining "apartment" and "officetel," referring to a residential officetel that features a floor plan and living conveniences similar to those of an apartment.Day tradingThis is an investment strategy in which investors buy stocks, real estate, or other assets and immediately resell them to profit from short-term price fluctuations.