Two Shanghai People's house-buying story (second)

property market, like the stock market, there will be a rise. Unlike the stock market, the rebound is more ferocious than the fall. Hugo (a pseudonym) said he believed it was the truth.　　Hugo first met the reporter, in order to prove the correctness of the theory, he pointed to the car parked outside the BMW told reporters that this is his investment in the property market half of the return.　　The first taste of real estate investment will eclipse the first time that Hugo bought a house after the Spring Festival in 2007, and that one time to buy a house is to end in a loss. As the Hugo, the family is solid. The parents had a 140-square-metre house near the southern Mall, and Hugo was already a business executive in a foreign company. "Colleagues have made nearly 600,000 dollars in two years by investing in real estate," he said. He says the salary is always money. The words touched me deeply.　　Hugo said. In the August 2006, the central bank, while raising the benchmark interest rate on deposit and lending in renminbi, widened its interest-rate limit from 0.9 times times the benchmark interest rate to 0.85 times times to further promote commercial personal housing loan interest rates.　　Since then, seeing the surrounding house prices all the way up, Hugo can't restrain. In September of that year, the parents funded 600,000 yuan, and came forward to the rain fruit from relatives and borrowed a patchwork of more than 900,000 yuan. Hugo said: "I only tell them one, buying a house is not to live for themselves." "After the Spring Festival in 2007, Hugo paid 15,000 yuan per square metre, and bought a 100 square metre house for the Xuhui Troy apartment."　　In the following six months, the price was rewritten at $18,000 per square metre. September 2007, the central bank and the CBRC jointly issued "on the strengthening of commercial real estate credit Management notice", the provision for the purchase of the first set of housing and the construction area below 90 square meters, the first payment ratio of loans shall not be less than 20%; for the purchase of the first set of housing and the building area of 90 square　　The proportion of the first payment of loans shall not be less than 30%, the ratio of the first payment of loans to those who have used the loan to buy the house and the second (including) housing shall not be less than 40%, and the loan interest rate shall not be less than 1.1 times times the same benchmark rate of the PBC. The next six months, prices all the way down, by November 2008, house prices fell to 13,000 yuan per square metre. Relatives and friends immediately began to rush to return money, helpless had to 14,000 yuan price close position. Deduction of taxes and interest, the actual loss of more than 20,000 yuan.　　More let Hugo Unforgettable is, 2009 Spring Festival, girlfriend parents said he "no brains, unreliable", on this "break".　　The second home purchase earned a time of Hugo in his colleagues understand a "truth": Buy a house can not pay in full, to a little "lever" consciousness. The 2008 global economic crisis spread, in order to stimulate domestic demand, prompting the economy to move out of the crisis as soon as possible, the country again adjust housing policy. October 27, 2008, the central bank notice clearly pointed out that "commercial personal housing loan interest rate of the lower limit of 0.7 times times the loan base rate, the minimum first payment ratio adjusted to 20%." For residents for the first time purchase general self-housing and improve the general selfDemand for housing loans, financial institutions can be in the interest rate and the first payment ratio on the basis of preferential conditions to support.　　The government work report of the NPC and CPPCC in 2009 made it clear that "for the second set of ordinary home buyers who meet the conditions, the preferential policies of first-time loans for general home purchase should be implemented."　　The spring of the housing market seems to be back again. April 2009, holding a savings of 600,000 yuan, plus bank loans, Hugo in the Four seasons in Songjiang city to buy two sets of 120 square meters of the house.　　Hugo said, he is not good at choosing a house, anyway colleagues to buy where, they will follow to buy where. After the second half of 2009, the Shanghai property market rallied rapidly. In Hugo's words, buying a house can make money. At the end of the year, he thought the time was ripe and decided to let go of his own house. "After I was hooked up to the agency, I once received an appointment with 5 clients a day." Finally, the house sold 18,000 yuan a square metre, a full double. Immediately, Hugo regretted, because the house price is still rising.　　He told reporters that the house can earn a little more if it doesn't sell.　　Under strict control insist not to throw house reporter last seen Hugo, is this April 17 after the new deal. The State Council held a standing meeting April 14, according to the meeting request, loans to buy a second housing households, the first payment of loans shall not be less than 50%, the loan interest rate must not be less than 1.1 times times the benchmark rate. April 17 The State Council issued a notice, the price rises too fast area can suspend a third set of housing loans. Such draconian policies have never been seen in nearly 10 years. Some experts predict that prices will fall by at least 30% in the short term. Reporter asked Hugo, the history of the most stringent mortgage policy has been introduced, if the housing prices fell sharply?　　Hugo replied very simply: the sky is not falling down. In fact, in front of the new Deal, Hugo has been looking for real estate. And at nearly 30,000 yuan per square meter to eat into the Johnson garden a set of 92 square meters of house, only down payment on the use of 830,000 yuan. Hugo said his brain was blank when he heard the State Department's policy on the radio. "House prices are unlikely to go up indefinitely, but the policy is not coming so quickly," he said.　　Sure enough, the Johnson Garden has a jump price of 100,000 yuan selling listings. The outside world seems to have been hinting, but Hugo's tone is affirmative: "Although the decline is inevitable, but died also does not sell the house." Policy reincarnation, there will be a new round of new highs. If sold, it will never be possible to buy the price. The reporter asked him, how much is the new record? Hugo shook his head, "Do not know, anyway will rise." ”