Five ministries regulate house price first gun take place down payment 50%

Source: Internet
Author: User
Keywords Provision price
Tags behavior developer developers failed failed to finance it is market
Reporter Zhang Five ministries 17th on the regulation of the real estate market, curb the rapid rise in house prices issued "first gun"-the requirement for developers to take the land, the first contribution rate should not be lower than the total land transfer 50%;  This new measure, or will be on the developer capital chain to form pressure to curb part of speculation, hoarding land behavior. December 17, the Ministry of Finance, the Ministry of Land and other five ministries issued "on the further strengthening of land transfer revenue and expenditure management Notice" (hereinafter referred to as "notice"), refers to the existing areas of arrears of land transfer income problem, failed to do so should be collected, so decided that the developer in the instalment  The proportion of the first payment shall not be less than 50% of the total land transfer price, the period of payment of all land transfer price in principle not more than one year, special projects can be agreed to be fully paid in two years.  In addition, the "notice" stipulates that for the land lease contract proper period payable rent should be paid all at once, shall not be paid in installments. For the punishment of delinquent behavior, the notice stipulates that the time limit should be recovered according to law, in addition to due to force majeure did not pay the land transfer income, strictly according to the provisions of the penalty added.  For those units and individuals who fail to pay the land price on time and do not construct the construction according to the contract, they shall not participate in the new land transfer transaction activities during the arrears period; The information about default and breach of contract should be counted into its credit file, and it can restrict its participation in the land bidding and hanging activities The five ministries issued the land transfer revenue and expenditure governance provisions are held on December 14, after the State Council executive meeting, launched the first specific regulatory measures.  14th, the State Council executive meeting delivered a clear signal to strengthen and improve the regulation of the real estate market, the focus is to maintain policy continuity and stability, speed up the construction of affordable housing, strengthen market supervision, stabilize market expectations, curb the rapid rise in prices in some cities. The latest figures from the National Bureau of Statistics show that in November, housing sales in 70 cities nationwide rose 5.7% Year-on-year, up 1.8% from last month. Since May this year, 70 large and medium-sized cities nationwide housing prices continued to rise.  In addition, the number of cities in the chain of rising prices also continues to increase, from the first-tier cities to the two or three-line city spread.  It is reported that at present, the various cities in the country to pay the land transfer price and down payment ratio does not have the same provision, the transfer of land will usually be signed contracts, agreed down-payment ratio and amortization time, most of the down payment ratio between 20%-30%, far lower than the five ministerial notice.  Some people in the industry said the policy had limited impact on well-funded companies, but would be a blow to weak small property companies. According to the Shanghai Securities Daily reported that the Ministry of Housing Construction, the Ministry of Land and other parts of the LED regulatory measures are brewing, the basic idea is to increase the supply of ordinary commercial housing. Among them, the Ministry of Land to strengthen the real estate after the supervision, the crackdown on idle land and other measures have been embryonic. The concrete idea is that with KimFinancial governance agencies to increase transparency in the land market, focusing on the regulation of the typical "king" and Idle. The Ministry of Housing and Construction today (December 18) will convene the National building work, invited more than 600 cities in charge of the deputy mayor to discuss the issue of curbing prices. It is possible to communicate on two topics, one is the current vigorously implemented affordable housing construction work, 2010 will increase the task of construction, the second is the real estate market regulation and price issues, may have relevant statements and policy framework revealed.
Related Article

Contact Us

The content source of this page is from Internet, which doesn't represent Alibaba Cloud's opinion; products and services mentioned on that page don't have any relationship with Alibaba Cloud. If the content of the page makes you feel confusing, please write us an email, we will handle the problem within 5 days after receiving your email.

If you find any instances of plagiarism from the community, please send an email to: info-contact@alibabacloud.com and provide relevant evidence. A staff member will contact you within 5 working days.

A Free Trial That Lets You Build Big!

Start building with 50+ products and up to 12 months usage for Elastic Compute Service

  • Sales Support

    1 on 1 presale consultation

  • After-Sales Support

    24/7 Technical Support 6 Free Tickets per Quarter Faster Response

  • Alibaba Cloud offers highly flexible support services tailored to meet your exact needs.