Netizens: idle land makes house prices fall hard

Source: Internet
Author: User
Keywords Netizens
Since the media reported in early August, the Ministry of Land and Resources has handed over a statistical table covering 1457 vacant land in the country to the CBRC, and the CBRC will make a comprehensive risk investigation according to the "Blacklist", and the idle land has been the focus of the discussion of the network public opinion in recent time. According to media reports, Shanghai has become the first country in China to respond to idle land: As of July 30, there are currently 15 sites in Shanghai that have been resumed or have resumed proceedings. The topic of idle land has once again been pushed to the forefront.  The netizen from the idle land origin, the management means and so on aspect launches hotly discusses.  The data or the "tip of the iceberg", "Han Xi" blog article, said that even if this is a real list (1457 of idle land), although it is not easy to say only the "tip of the iceberg" of idle land, but certainly not all, at most only a part. The signature "Pan Shiyi" blog article said that on the surface these figures are surprisingly large, involving plots and companies surprisingly much. But there is a discrepancy between the information I received from the media. If the more than 9,000 hectares of idle land is the whole of idle land, according to 1 of the volume rate, can be built less than 100 million square meters of house. Last year, the whole of China's commercial housing sales are 940 million square meters, relatively speaking, the area of these idle land is not very large.  If this is a complete list of idle land, the phenomenon of land hoarding by real estate developers has not been reported seriously before the media.  User detailed explanation of idle reason signed "Zhu Da" blog article said that the land idle factors, some business reasons, some local governments, there are some planning and other objective conditions changed.  The signature "Pan Shiyi" blog article on the reasons for the land idle Specific analysis: first, the rapid appreciation of land, so that hoarding land developers profitable, they can wait until the land revaluation after the development or transfer. Second, a portion of the land has been sold in the hands of developers who have not developed technology and funds (legally called transfer) or in the course of land mortgage guarantees, there have been a lot of wrangling lawsuits, unclear legal relationships, and the inability of these lands to develop, because no one wants to put money into a house on a land that is not legally related.  So the land was kept idle.  Third, there are also some local government reasons, such as planning changes, the need to increase municipal roads in the land, and so on, these land often for a few years.  Four, in the capital market, for real estate developers have a concept of land bank, the more land reserves, the higher the value of the company and the market capitalisation, which encourages the listing and imminent listing of real estate companies to increase land reserves.  To cure house prices first clear idle land signed "the", the blog article said, the more, the more the land prices, and high land prices, but also promote the rise in house prices, so, more and more of the house, and so on the cycle. "Pan Shiyi," the blog article also pointed out that because the land is idle, the market on the supply of house is less. House prices always follow the law of market supply and demand, supply less, prices will rise.  In fact, only by really cleaning up the vacant land, in these land as soon as possible to cover the market needs of the house, the rise in housing prices can be fundamentally suppressed. For the clearing of idle land, some netizens suggest that the Government should publish the content of the land voluntarily. Han Shitong said that this May, the Guangzhou Land and Housing Bureau website officially opened the "Sunshine Land" column, it is said that the column will be announced in real time transfer plans, transfer announcements, the results of the land, has been used for the development and disposal of idle lands and so on.  This is a practice I have been strongly recommended and advocated. A blog article with the signature "sledgehammer" says 80% of the unused land will be withdrawn, which is enough to shake the long-standing housing price.  Now fear that the territory will not be ruthless hands, or developers and speculators too big force, it is impossible to recover the idle land, there is no way. (Reporter Yulu Finishing)
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