Real estate industry personage: Some area house price is manipulated to appear false fall

Source: Internet
Author: User
Keywords Industry insiders
The end of this year, from the central to the local real estate market has issued a number of unprecedented regulatory measures, the effect of what?  Are some cities too fast rising prices to be effectively suppressed?  This newspaper reporter specially carried on the thorough research, discovered some cities already appeared the price reduction momentum, actually is only the structural "false fall".  For some cities such a rush in the "superficial" fuss, just from the number of prices down, looking forward to severe real estate regulation earlier in the past, the interview experts worry, "will cause part of the policy effect of" short-term ", there is a risk of retaliation rising prices. House prices have been "pulled down" according to the China Index Institute report, in August this year, Fuzhou residential transactions average price of 13826 yuan per square meter, in the country's 35 major cities in Shanghai, Xiamen, ranked seventh.  October, the price fell to 11987 yuan, the ranking also relegated to the tenth.  For the rapid decline of housing prices in Fuzhou, the industry analysis, and the local government in mid-October, the urgent promulgation of the "Limit purchase order" and other regulation of the new deal, more with the month of transactions in the area of the structural changes closely related. Our correspondent found that house prices fell in October, far from the city center of the Cangshan residential sales surge, while in the city center of the high house prices in the district of Gulou residential sales are relatively sharp decline. Fuzhou Residential Sales Report statistics show that August, Changshan District 682 sets of residential sales, Gulou District, 69 sets of residential sales, the ratio of two districts is about 10:1. October, Changshan District residential sales soared to 2506, while the Gulou district plummeted to 34 sets, a ratio of about 73:1. At present, Changshan District new residential average price of 10,000 yuan per square metre, Gu Lou district is approaching 20,000 yuan. As early as October, Fuzhou to the high price of the construction of the pre-sale permit to adopt restrictions or deferred the issuance of measures, which led to the "high-priced area" of residential sales immediately fell.  In this way, October rely on "low-cost zone" sales surge, Fuzhou quietly "pull down" the price.  According to an industry personage, some of the northern first-tier cities are also taking a similar approach, that is, to postpone the city's central District high-priced housing market, to increase the suburban low-cost housing opening. This year, the country's real estate regulatory order has tightened together, and some local governments are "panicking" about their "money bags" tightening and fearing accountability, the person said.  As a result, some cities are eager to "surface" the price down, expect tough real estate regulation earlier. Developers "do not rush to sell" despite the "limit purchase order", the October residential sales in Fuzhou did not fall, but the surge. In this respect, the industry revealed that, although Fuzhou October 10 suddenly issued a "limit purchase order" and asked to implement the same day, but some financial institutions to extend the policy for several days to implement.  According to the Fuzhou Housing Sales report statistics show that Fuzhou "limit purchase Order" promulgated 3 days after the signing of the housing contract amounted to more than 1300 sets, approximately equal to the September contract volume of 8 times times, a full account of the October sales of 40%. It was because of the "bumper harvest" of October that, despite entering 1Housing sales plummeted in January, but some developers are emboldened and "not eager to sell".  This newspaper reporter recently in Fuzhou cangshan a sale mansion Uptown "Tai wo Red Valley" interview to see that the real estate from last year to the end of September has sold a number of buildings, recently some high-rise residential buildings have been basically completed, but because the pre-sale permits and suspended sales. "In the past, a building began to play the foundation, you can get pre-sale permits." And now, we do not know when to get pre-sale permits, many buyers than we are worried.  "Tai wo Red Valley" Sales center, a staff told reporters that at present, the residential quarter average price of more than 15,000 yuan per square metre. and "Tai wo Red Valley" adjacent to the sale of high-rise residential district "Swan Bay" 26th building has not officially sold, close to "sold out." "I am anxious in the pre-sale of the real estate to pay an appointment, nothing more than to see, many new high-end real estate prices not only fell, but rose faster."  "A home buyers who do not want to be named are worried that the more the policy does not allow people to buy a house, the more likely to encourage some buyers of the" panic "mentality, housing prices are likely to fall.  October 2008, "Swan Bay" in the vicinity of the new commercial housing price of only 5000 yuan per square metre, now it is difficult to find a house under 10,000 yuan.  The policy effect of "short-term" industry is generally worried, with the effectiveness of regulatory policy receded, will trigger a retaliatory rise in house prices. Rong Xin (Fujian) Investment group related to the responsible person told our correspondent, plus the previous first payment, the loan rate hike and other policy impact, Fujian Province, the main cities in the real estate market sales are falling sharply, developers withdraw funds slowed.  "It was similar to the same period in 2008, and it turned out differently." "In the past, developers generally lack of money, money back slowly, price promotion pressure." Now, developers are relatively well-off in cash.  It is mainly at the request of the local government to maintain the current current price in each property, the official said. Covers an area of 280 acres of "The Acropolis" is a credit (Fujian) investment Group in the development of Fuzhou Center from a senior residential district, the average price of the real estate has now reached 12,000 yuan per square metre, while the same lot last year the average price of commercial housing only about 8000 yuan. "The Acropolis" Sales department manager Zhou Wenzhong told reporters: "Real estate pre-sale 5 months, up to now the cumulative sales of nearly 900 sets." Now, although the entire property market sales fell sharply, but we have no room to sell, buyers want to buy new listings. "Zhou Wenzhong said:" Recently, under the "Limit purchase order" and other policies, accounting for 20% of the foreign customers suddenly lost, and other "limit purchase order" expired, this part of the foreign customers will certainly emerge again. "An unnamed industry told reporters:" Compared with previous years, this year, Fuzhou City, less than 10,000 units sold, and in previous years, the average number of houses sold in more than 20,000 sets. Supply is tight, house prices continue to rise or even rally, will inevitably. "The soaring land price will also push up prices." The head of the investment group said: "This year 2month, the credit group Fuzhou a piece of 380 acres of land, the floor price of nearly 9000 yuan per square metre, the ground this November, the sale of the next year, the average price must be higher than 15,000 yuan, otherwise only lose money. "Wang Azhong, director of the Real Estate Research Institute of Fuzhou University, said:" In many places, the "Limit purchase order" time is too short, Fuzhou only limited to the end of December this year, once the policy implementation expires, will inevitably bring a retaliatory rebound in the market, the effect will be greatly reduced, which will further aggravate the formation of the policy antagonistic expectations. "In Wang Azhong's view, a number of local property market control policies are not serious enough, there is a" false drop "phenomenon.  It is easy for developers to sell different real estate or low-end properties to control market prices, "manufacturing" the average price fall to deceive the government, so that the government to achieve the intended purpose of the policy, and thus stop regulation, resulting in the loss of control policy continuity.  Industry insiders and experts generally believe that the current should accelerate the long-term real estate system construction, improve control measures, strict implementation, consolidate results.  Jing Naiquan, an associate professor at Zhejiang University School of Economics, told reporters that the statistical significance of rising or falling house prices for the people, the significance is not, the real significance of this round of real estate control effect of the people are satisfied with the protection of the housing to meet the needs of low-income families, whether the people really realize the " Jing Naiquan said that in addition to the influence factors of the real estate market, external factors such as economic globalization, excess liquidity, inflationary expectations and appreciation of the renminbi have an increasing impact on residential demand. Because these factors are not the real estate market itself can decide, regulation, such as simply rely on increasing the real estate market supply will not solve the problem of rising housing prices.  He suggested that the control of real estate to achieve long-term, can not only pay attention to the real estate market partial equilibrium, but should be combined with other related markets, especially the development of capital markets. Wang Azhong suggested that in the short term, the solution to the continued rapid rise in housing prices is an effective way to resolutely eliminate developers will be real estate "phased development, stage price increase" chaos.  In the long run, government departments must establish a long-term regulatory mechanism in the real estate market, such as the implementation of the real estate tax levy, and severely restrain market speculation. Wang Azhong also pointed out that the real estate market in the unhealthy development, the root of the local land finance. Therefore, from the system innovation to completely cut off the local government land finance and real estate market interest chain. (Source/Lookout Newsweek; Wen/"Lookout" Newsweek reporter Lai Jianqiang)
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