Banks to rein in development loans are probably in the small booth or into the winter Han

Information Times reporter Xu Feng recently, in response to "China, agriculture, industry, construction and other four lines to stop the new development loan approval" Storm, the reporter learned that four lines although denied to the housing enterprises to stop the development of loans for approval, but have made it clear that the end of the credit line is limited, lenders to be based on the qualifications of enterprises　　Industry insiders believe that the qualifications are not high small and medium-sized housing enterprises or will be shut out by the bank, the end of the year, probably in the middle of the house as if the winter "Han" was frozen straight hit "shiver." Housing Enterprise control policy continued to overweight after 9.29 New Deal, limited purchase order issued, the property control policy continued to overweight. According to media reports, China, agriculture, industry and construction, which occupy most of the credit market, have stopped the approval of new development loans at the end of October. Although the message was denied by four lines, but four lines indicated that the year-end credit line is relatively limited, the housing enterprises to develop loans to consider the qualifications of enterprises.　　This means that less qualified small and medium-sized housing enterprises will face "loan" difficult situation. The worse news is still behind. Within one months, the central bank's two reserve and one rate hike, monetary policy seems to be beginning to enter the austerity channel. Under the pressure of regulation, the traditional financing channels close, and the real estate enterprises ' cash withdrawal pressure is increasing day by day. Xie Yifeng, a senior real estate expert, said the central bank would decide whether or not to introduce a new round of regulatory policies based on a substantial rise in house prices, especially this November, which will determine whether the central government has launched a third round of real estate policy regulation.　　"If the developers continue to drive up prices, do not rule out a more stringent policy, the implementation of the third round of real estate policy regulation." Large room companies: no money on the two or three-line city "Huan" recently, the CBRC chose 60 large real estate enterprise groups for analysis, found that most large housing enterprises exist high debt ratio, loan concentration due to many other risk points.　　But the real estate development enterprise and disagree, according to the reporter understands, the brand room enterprise October in two or three line city "take the ground Huan". It is understood that, known as the real estate weight unit "million Insurance recruit gold" four housing enterprises in the first three quarters of the income is quite abundant, the first three quarters total sales reached 137.8 billion yuan, compared with the total sales of 142.7 billion yuan in 2009, only a difference of less than 5 billion yuan. With enough money, most housing companies are flocking to the two or three-line cities to pick up land. According to the China Index Institute of 20 key enterprises monitoring, October key Enterprises new land reserve 18.3757 million square meters, the chain Rose 136.76%. Most of the new land is located in the two or three-line city, the new land average floor price is only 1621 yuan/square meters, the chain significantly reduced by 49.87%.　　According to the data, in October of this year, 20 enterprises with new land reserves in key monitoring enterprises increased from 7 to 9, and nearly half of the companies added land reserves in October. Peng, senior researcher at the Guangzhou Academy of Social Sciences, said that the housing enterprises were flocking to the two or three-line city to take the land because two or three-line cities did not have a restraining order; second, last year, the Central Economic Work conference clearly accelerated the pace of urbanization, small and medium-sized towns have more opportunities for developmentThe city develops rapidly, and the profit for the developer is not lost in the first-tier city. In the small and medium-sized enterprises: financing difficult to become winter "Han" in the financing, medium and small-sized housing enterprises have been at a disadvantage. In the Bank development loans, China, agriculture, industry and construction of the four major state-owned commercial banks have made it clear that the development of loans to the housing enterprises to consider the enterprise's qualifications.　　This means that the financing channels are limited to small and medium-sized housing enterprises will face "loans" difficult situation. Real estate expert Xie Yifeng said, development loan "reduce grain", to small and medium-sized housing enterprise is like a thunderbolt, do not rule out a small number of house enterprises surprise selling the land or price sale of the phenomenon. Small and medium-sized developers to do this winter "Han." The phenomenon of mergers and acquisitions of small and medium enterprises has appeared. The data showed that the real estate industry completed 50 mergers and acquisitions in the first three quarters, 2.5 times times the number of mergers and acquisitions in 2009. Industry analysis, successive policy adjustments and the second round of interest rate expectations, so that developers generally see empty four quarter.　　With the further manifestation of the effect of regulation policy, it is not ruled out that some of the less powerful housing enterprises have the possibility of breaking the capital chain in the short term. Expert opinion PK Senior real estate expert Xie Yifeng: 80% the capital chain or break of the small and medium enterprises in the face of refinancing clearance, the dream of listing, high private-equity borrowing costs, coupled with industry regulation over the market, the wait-and-see cloud has forced more developers to bet next year's plans on the 2011 credit Gate.　　But in terms of financing channels, small and medium-sized housing enterprises financing channels are relatively limited, if the banks to tighten the development of loans, for them is absolutely "a thunderbolt", 80% of the capital chain of the booth or face collapse. Well-known real estate experts Chen sincerity: small and medium-sized housing enterprises more difficult to shuffle the bank to tighten development loans, the brand of housing enterprises or the middle-house, the impact will not be very large. For most small and medium-sized developers, it is not easy to get loans from banks, especially small developers, or because the regulatory policy restrictions can not be loans from the Bank of the project, it is difficult to obtain loans from the bank, even without reducing the new development loan approval, they can hardly get loans, therefore,　　Stopping new development loan approvals has little practical impact on them. The reporter observes the thin dead camel more than the horse most people think, the thin dead camel may not have the horse big.　　But I think that used in real estate enterprises, whether in the "bull market" or "bear market", large brand housing enterprises than small and medium-sized housing enterprises more "wear-resistant", that is, even the "thin dead" brand housing enterprises, should also be much larger than small and medium-sized housing enterprises. Everyone knows, can be called brand large housing enterprises, many elements are small and medium-sized housing enterprises can not "comparable". Even in the 2008, when the property market went into a bear market, even Pan Shiyi threw out "Hundred Days of upheaval", claiming that Chinese developers would die in large batches after 100 days.　　But the time has passed two years, the Housing enterprise batch death situation not only did not appear, the brand House Enterprise, the sales annual increase, the profit break through annually. The rise in house prices in the first two years has brought a lot of money and profits to developers, so evenSales continued to decline in the large brand room, boil Yinianbanzai also certainly no problem, not to mention some under the weight of the policy, sales rose in the month of the brand housing enterprises? For small and medium-sized housing enterprises, when the housing market policies down, the days may not be so good.　　The original capital strength is not strong enough, if the property market into the downward channel, the serious decline in turnover will directly affect the capital chain. Whether it is a large room or a small house, to adjust their mentality, abandon the idea of profiteering, only the return of housing prices to a reasonable track, in order to release the hidden market demand. So the camel will not lose weight, the horse will not "Duanliang".