Property Hui or will be phased out in the second half of next year

"Personal housing transfer business tax exemption time from 2 years to 5 years, other housing consumption policies continue to implement." "Policy in the tightening of second-hand housing, but also clear the key stimulus policy continued, but the real estate sector in Thursday, Friday, two consecutive days of decline by the front." The termination of the business tax preferential policy is the beginning of the real estate policy regulation, or does it mean that the policy has gone bad?　　　　Does the 2010 real estate sector still have investment space? Housing discount to eliminate the impact of the limited real estate industry stimulus package, the second-hand house preferential policy is one of the less influential policies. The adjustment, some incentives to encourage housing consumption policies, such as the reduction of the two suite down the down payment ratio, the first suite 70 percent concessions and other policies to retain, but only the second-hand house sales tax exemption period to be renewed to 5 years.　　The policy point is clear: the preferential rates for first-time home buyers and those who need to improve demand for ordinary housing will continue, and the policy of speculative demand for investment will be moderately tightened. China Real Estate Information Group Strategic planning Director Ying Dongming to the Red Weekly reporter said, "This policy is really affected by the interests of a small number of professional investors, because the business tax preferential policy is only for some investment housing, the withdrawal cost of the formation of increased, but did not increase the cost of housing ownership." Decided that the real estate industry is mainly the primary room (new house) market, the current direct policy towards new homes remains unchanged.　　Huang Ziwu, general manager of the World Bank, said, "the termination of second-hand housing will not obviously inhibit investment, speculative role, it is important that the guiding role will have an impact on the psychological expectations of investors, and the actual impact of the policy to wait until next year after the Spring Festival will really appear." But this policy exit, also can cause the second-hand house market quantity price performance fluctuation, also can have the indirect influence to the primary room market.　　Because the increase in second-hand housing transaction costs are likely to be passed on to the home buyers, and the cancellation of business tax concessions may also lead to a reduction in the availability of second-hand houses, thereby prompting the primary room market demand for the contradictions more prominent, not conducive to curbing high prices. Policy relative stability in the first half of next year due to early expected real estate preferential policy exit, November National housing prices year-on-year and the chain rose both to create new year highs. Rising house prices have caused controversy and concern in the market.　　But expanding consumption is still next year's center of gravity, and real estate is the "pillar", which makes the exit of real estate preferential policy a dilemma. On the policy exit point, Zhongyuan Real estate analyst Wu Jianchong to reporters: "The first half of next year need not worry, the second half should be concerned about policy trends." In the first half, due to domestic macroeconomic policies and industry support policies for real estate, in the domestic economy does not have a clear solid recovery will not immediately before a big turn, coupled with the early housing investment and the lack of new construction area caused by the shortage, the market will continue to be 2009 years, or even in the next spring festival after the "small Yangchun"　　In the second half, the whole macro-stimulus policy and the real estate industry support policy exit will be possible. In terms of exit paths, he argues, policies will take a mild austerity approach and try to err on the side of caution.For example, starting from the tightening of second-hand housing policy, slowly to the new house tax tightening, but in the core lending rate of 70 percent discount will be more cautious.　　　　The government may also devolve more of its policies to local governments, which are regulated by local authorities in the light of actual conditions. Two or three line real estate stocks prospects in the industry generally believe that the real estate consumption policy adjustment content and range better than expected, but the real estate stocks do not appear to show a bad performance. June win investment general manager Wang Weisen Analysis said: "Real estate stocks in the future to rely on rising prices to promote is difficult to continue, the fine-tuning has shown the management of the attitude of the estimated room prices up the space is limited." In addition, the expected policy will be phased out next year, which would lead to a cautious approach to big money entry, and a pattern of sideways stagnation in the near future. Amin, a securities analyst, seems to represent the views of most brokerages. "The end of a trend-changing property-preferential policy," he said, "has left property stocks briefly volatile." However, the early adjustment of the real estate sector has been relatively full time and amplitude, in the policy driven by the warm, the latter should be performance.　　"Guo Xin Securities also gave" to the end of the span, layout of the market, "the operation of the proposal. The latest "urbanization" proposed by the Central Economic Work Conference makes the market generally optimistic about the development prospect of the two or three-line urban real estate industry. Guotai industry analyst Jianping that two or three-line advantage real Estate listed companies have some common characteristics: land reserves have the advantage of scale, generally in more than 4 million square meters; the time is early, the cost of land is low; project or concentrated in an economically developed region (such as Jiangsu and Zhejiang region, Shandong Peninsula, the west of the strait, Pearl River Delta　　Or the national layout has been basically achieved. He suggested that the focus on Fidelity real Estate, Suning Universal, St Lu home, Jiakai City, and actively focus on celebrity property, build shares, Beijing Urban construction, Wolong real estate, China Baoan, Suzhou High-tech and the second Bureau of Iron.