Experts say inflation expectations push up property developers worry policy tightening

At the Boao Forum on real Estate held on 14th, several experts said that the future real estate prices could rise to a certain extent, influenced by inflationary expectations. At the same time, after the industry warmed up, whether the policy changes will also affect the trend of housing prices.　　The future of real estate development led to urbanization or to stimulate domestic demand for the important force. Inflation expectations helped push house prices Niemeisheng, President of the Chamber of Commerce real Estate, said that although the May housing price year-on-year data is still negative, but the decline is shrinking, the chain is rising. She argues that a massive increase in liquidity is bound to make stocks and property prices soar.　　Although there is no inflation now, but does not mean that there is no future, the response is that we invariably choose real estate. The chief economist at CICC predicts that the world will be in an environment of high inflation and low growth over the next decade, wary of a recurrence of emerging market bubbles. "There is certainly a gradual revival of fundamentals behind asset price increases, but more important is money-driven." Inflation should start in emerging markets before the US. "But some people in the industry have expressed different views on this." Ishadi, chairman of Sunshine 100 Holdings, said the bull market was characterised by a rise in volume prices, a situation that has not yet come. In addition to a few first-tier cities, the current level of land prices has not changed.　　In the case of supply to demand, there is not much anticipation of the rise in house prices. Xiaoguang, general manager of the Initiative Group, believes that the price stability of August this year determines the future trend. However, after the real estate industry through the crisis, there may be new regulatory policies come out. The State may also reduce the capital of real estate developers because of excess liquidity, and the current response is to speed up development and sales. Hua Yuan Group President Ren Zhiqiang believes that the real estate sales this year must be better than last year, the real estate market the worst has passed.　　Unless the developers go crazy, forcing policy from support into repression, but this is not the case. Focus on the two or three-line city investment opportunities The director of the Financial Research Center of Beijing Normal University, Zhong, said that the pace of inventory is faster than market expectations, and inventories will basically return to normal levels by the end of the year or early next year. Market demand is a slight rise in the price of the immediate fall of the rigid demand-oriented, transformation into an investment demand, from the first-tier city warmer gradually to the two or three-line city generally warmer spread.　　The recovery is relatively strong in the short term, which is within the next 6 quarters. Ishadi believes that the current low interest rates, low prices to start the consumer demand for housing, the real demand has begun to market, if the rise in housing prices slower than income growth, the real estate market demand will be more and more big.　　If the land price is not greatly increased, the cost of production continues to fall, housing prices will be at a reasonable level, real estate demand will be very large. "Currently, in addition to some big cities and mega-cities in China, the development of two or three-line cities can be concerned." "Zhang Yongyue, dean of the Institute of Real Estate Research, suggests that in the development of the layout, if the development enterprises in the cash flow is abundant, especially this yearThe first half seize the situation shipments faster, more cash withdrawal of enterprises, can actively consider for the current stage of development appropriate new layout, including moderate land layout, conditions can also be in the regional space to consider and layout, pay attention to the two or three-line city new expansion space.