Foreign-invested architectural company sadly withdrew from China's property market regulation

Source: Internet
Author: User
Keywords Foreign capital local government commercial housing policy
Tags company continue cost design design companies design company developers domestic real estate
Jahai in the domestic real estate market hot abnormal, the media reported that the famous foreign architectural design company Woodhead Beijing Company due to the failure of the annual inspection, the industry and Commerce Department write-off, its Shanghai company also resell others.  The foreign-owned architectural company, which was in the scene two years ago, sadly withdrew from China.  In addition to the well-known foreign-owned architectural design companies such as Woodhead, the other foreign-designed companies that have withdrawn from China are more than 10. Some people in the real estate industry have said that the reason is: foreign architectural design companies charge expensive, the house is not good to sell, developers like to pull a foreign design company to do the signboard. After 2007, the real estate market is hot, the developers no longer need such signboards.  As a result, the days of foreign design companies increasingly sad, and finally have to withdraw from the Chinese market. Woodhead's exit illustrates a problem, in recent years, the domestic first-line City commercial housing housing supply and decline, starting to reduce the rising prices.  In recent years, the large-scale construction of domestic policy housing, but also to the positioning of commercial housing design of foreign-funded architectural companies have no work to do, have to sadly retreat. So, another problem came out. Why do the first-tier city housing prices rise rapidly, and local governments do not increase large-scale commercial housing, but large-scale construction of policy housing?  BEIJING, Shanghai in order to stabilize prices, has recently launched a high-profile large-scale supply of land plans, but did not propose a large-scale increase in the supply of commercial housing. The hidden logic is: local governments in order to stabilize the land price, do not want to give the market "more price reduction" expectations.  Obviously, the flour does not reduce price, why bread will be cheap? Housing Construction Department, the Ministry of Land, the central bank and other macro-control departments issued a number of measures to combat speculative demand for real estate.  Central departments to regulate the main "tightening" brand, while the local government regulation but the main "loose" brand, especially some local governments, still continue to purchase subsidies, the continuation of 2009 years of preferential housing policies. At present, the house price regulation is very attention. In order to stabilize land prices at the same time as price control, some local governments are trying to find space for expansion between the tightening policies of the central government.  In addition to Shenzhen, few local governments have taken the initiative to raise local housing prices too fast, and to take measures to regulate house prices. Similar episodes continue to unfold in 2007, 2008, and 2009 years. Among them, only in 2009 Central and local to the property market regulation reached agreement-the introduction of the housing market bailout policy.  After the State Council issued "131th document", the place has issued a more aggressive rescue policy. Now, however, it is not easy to say "austerity" in local governments, especially in cities where prices have risen too fast.  Under the "Duzhan" of the Ministry of Land, Beijing and Shanghai have said that the 2010 will increase the effective supply of land, but so far failed to finalize the specific supply of land in 2010. The head of the Ministry of Housing Construction said in a recent annual working conference that for the city with soaring house prices, the construction of the housing project would be increased by 1/3, and the policy-building would be increased 1 time times. But policy-oriented housing is mainly aimed at household registration., there seems to be no direct inhibition of housing prices. In the mega-cities such as Beijing and Shanghai, the non-resident population accounts for more than half of the resident population. If only half of the city were offered low-cost policy housing, the other half would still have to rely on commercial housing.  And with the household registration of the half of the people, access to low-cost policy housing, freeing up more money to fry commercial housing, so when the price regulation will continue? The ministry has asked local governments to make three-year plans for policy housing, hoping to rein in house prices, while local governments have few respondents.  So far, not all cities have done low-cost rental three years of construction planning, affordable housing three years of planning few cities do, policy-house three-year plan almost no city to do. Into the 2010, the central department after a "strong", the price has been a bit "Meng", real estate stocks fell below the average annual line.  If at this time, local governments, especially the fast-rising housing prices of local governments can cooperate with central Bank central government departments, for speculation and hoarding further blow, and increase the supply of commercial housing land, believe that prices will occasion return to rationality. If there is no "inflation" in 2010 years, the stability of the real estate market is expected to be completed. 2010 Real Estate regulation than in previous years came earlier, whether the early start to achieve the desired effect, but also depends on the local and central "up and down linkage."
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