Housing construction Experts: property market Preferential policy or end of year

South Daily News Last October since the introduction of a series of property market preferential policies whether the next year is on time to terminate or continue, before the market has many speculations.　　Recently, the first to have a residential building ministry experts, said the current economic recovery, the real estate market to the good, this series of preferential policies may expire at the end of the year. In the second half of 2008, the impact of the international financial crisis on China's macro-economy gradually emerged, before the property market has undergone adjustment for nearly a year. October 22, the Ministry of Finance issued a personal first purchase of 90 square meters and the following ordinary housing, the tax rate temporarily reduced to 1%, the individual sales or purchase of housing temporarily exempt from stamp duty and land value-added tax.　　The lower limit for the first purchase of ordinary home and improved general home loan rates is 70% of the loan benchmark rate, and the minimum initial payment is 20%. These offers were further clarified in the December issue of "Country 13". In particular, the first loan policy can be compared to residents who have purchased a single housing, but have a per capita housing area below the local average, and then apply for a loan to buy a second ordinary home. At the same time, tax relief, ordinary housing exemption period from 5 years to 2 years, less than 2 years of transfer, levied on the difference.　　The time limit for the imposition of non-ordinary housing balances is reduced from 5 years to 2 years. In the preferential policies and other favorable stimulus, the housing market strong recovery this year, home prices return to high, the housing bubble theory reappearance. In accordance with the regulations, these concessions should be closed by the end of 2009.　　Therefore, the preferential policy should not be renewed, the current market controversy is quite a lot. Support for the renewal of the view that the current economic recovery is not strong, this year to "protect eight" success, the property market is not. In Guangdong alone, for example, GDP grew 7% in the first half of the year, and 1.7% of that was contributed by the real estate industry. If the policy is to slam the brakes, it is bound to cause volatility and damage economic fundamentals.　　At present, the market generally hopes to adopt a way of maintaining pressure, such as the two mortgage easing and business tax relief policy can be terminated on schedule, as for other policies to encourage the first-time home purchase, such as the tax, stamp duty, land vat of the relevant concessions, the proposal remains unchanged. However, Wang Lin, deputy director of the Center for Policy Research at the Department of Housing Construction, said in an interview yesterday that, in view of the current economic recovery, the real estate market to a 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.　　The range is wider than previously expected. Wang Lin said that these policies are more than the end of last year and the beginning of this year in order to "guarantee growth, expand domestic demand" needs, "now look, this year's economic ' eight ' is no problem, the real estate market situation is good, these preferential policies may be difficult to survive." ”