Residential Building Specialist: Housing offers may end at year-end

Source: Internet
Author: User
Keywords Real estate this year
Tags business business tax credit daily economic news demand developed development different
According to the daily economic news, Wang Huilin, deputy director of the Center for Policy Research at the Ministry of Housing and Urban and rural construction, said that in view of the current economic recovery, the real estate market to the good situation, last year issued a series of property preferential policies may expire at year-end. The terminated policy may include the deed of credit, the business tax deduction, the first set and the improvement mortgage interest rate 70 percent discount, the real estate development project own capital low limit and so on.  As a result of the need to "guarantee growth and expand domestic demand", these policies were developed by different departments at the end of last year and earlier this year. "Now, this year's economic ' eight ' is no problem, the real estate market situation is good, these preferential policies may be difficult to survive." "Wang Huilin said. Wang Lin said that this year, the real estate market indicators are growing, than at the beginning of a great improvement, but the problem remains: house prices rose too fast, volatile market trends, individual areas of the land market overheating, policy implementation is not in place.
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