Real Estate Policy: Promote the main recovery, prevent foam second

Zhu Yi investors (reporter Zhu Yi) into the 2009, the reduction of mortgage rates, reduce the capital ratio of fixed assets investment projects, such as the adjustment of a series of major policies to the depressed real estate market again. The government in the completion of the "rescue" goal, the inevitable promotion of housing prices "warmer."　　In the face of the financial crisis and inflationary pressure, the promotion of the market at the same time how to prevent the housing bubble, will become the policy direction of the second half of the government. Restraining order, "90/70" policy or relaxation in this context, the restrictions imposed three years ago appear to be the shackles of economic recovery. To reverse the negative growth of foreign direct investment for 7 consecutive months, the Ministry of Commerce recently submitted a proposal to the State Council.　　Among the 42 specific proposals, a larger policy change would be to loosen foreign investment in Chinese property. "The Ministry of Commerce's recommendation to untie the restrictions is a signal that the relevant government departments still want to use real estate to promote China's economic recovery." "Talking about the latest policy trends in real estate," Beijing Yang Shaofeng, general manager of the Quartet real estate brokerage company, said, "The government will" expand domestic demand, promote employment, "the state-made real estate strategy. The government will maintain a bailout stance until the overall economic situation improves. In 2008, the central bank cut interest rates 5 times to increase the speed of the economy. January 2009, the Big Four state-owned banks also announced that the mortgage rate will be reduced by up to 30%, "70 percent mortgage" after the implementation of the national property market will usher in "small spring."　　According to the China Index Research Institute Information Center data, in May, 30 major cities in the country, the number of transactions in the chain rose more than 10% of 17. Ministry of Construction Policy Research center an unnamed person told the "investor" Reporter: "at present, including the Ministry of Finance, the Ministry of Commerce and other departments are studying how to promote a further rise in the market volume." But the specific policy is not readily disclosed. "In view of the current restrictions on individual cities have been loosened and the" 90/70 "policy (90 square meters of all regions under the small and medium-sized units in the development and construction of the total area must reach 70%), the person said that it does not rule out the possibility of future national implementation," this year's round of deals is mainly dependent on the accumulation of rigid demand over the past year, But after all, the national economy has not yet warmed up, the second half of the volume depends on improved sex and investment demand for entry. "To promote the release of demand will lead to overheating investment, the Ministry of Construction Policy Research Center said the central government will not relax the second house mortgage policy restrictions," this point the local government and banks can not loose.　　A central bank official also made clear to the investor reporter that the second half will continue to tighten the second house mortgage policy. Pre-sale supervision system in spite of the government issued a number of policies to promote the housing market warmer, but developers are not satisfied with the rise in turnover.　　The property market has just shown a "small spring" signs, many of the sale of items began to raise prices. "Originally our average price set at 22000 yuan/square meters, but after the spring festival around the new house and second-hand housing transactions began to active, open prices have been adjustedNearly 3000 yuan. "A project in Chongwen district, Beijing, is a typical case of" opportunity to raise prices, "the official told reporters," April after the opening sales situation is not satisfactory, the headquarters also plans to adjust the selling price. " But soon the ratio of capital sharply reduced, the company's capital pressure is much less, no longer eager to set up, so the price will remain unchanged. "At the end of May, the State Council reduced the minimum capital of real estate projects to 20%, the original intention is to ease the financial pressure of developers to speed up development."　　However, to maximize profits is the nature of the development of enterprises, pressure relief, no longer eager to withdraw funds to the developers began to cover the plate reluctant and raise prices. "So the property market can not return to healthy development, the next step is likely to introduce standardized market policy." "China's urban and Rural Construction Economics Institute," an expert told reporters, "in order to prevent developers to cover the plate reluctant, driving up prices and sales fraud and other bad behavior, the government is likely to make a fuss over the pre-sale system to speed up the development of housing enterprises and sales progress. Compared to profits, companies pay more attention to the safety of cash flow. Only when there is financial pressure will the developer make the sales, not the price, the primary goal. "But the pre-sale system is an important means of financing developers, completely cancellation is not in line with reality."　　"The pre-sale supervision system is considered to be more feasible," the person said. Buyers do not pay directly to developers, but are delivered to regulators in a certain proportion. When the house is due, the regulator will transfer the money to the developer, then the buyer and seller can sign the purchase contract.　　This can reduce the risk of buyers, but also to ensure that developers completed as soon as possible.　　Property tax or regulation lights at the end of May 2009, the "study levy property tax" by the State Council into the Year plan, the process will become the direction of the policy signal. According to the experience of overseas levy, property tax is generally the 1%~2% of the annual housing valuation.　　Industry insiders generally believe that the government to levy property tax to curb the overheated property investment bubble, and thus to stabilize the price rise. "The draft is not seen yet. Yixianrong, director of the Financial development Room of the Institute of Finance of the Chinese Academy of Social Sciences, said, "The levy of property tax is imperative, but because of the financial tax system, housing construction and other aspects, the levy of property tax in China is not a short period of time." However, from the process of property tax can reflect the government's efforts to curb property investment and direction. Currently tentative villas and oversized huxing will be the first to enter the scope of the levy, tax rates between the 1%~2%, levied by year.　　"The relevant head of the Ministry of Finance told reporters that the current property tax" real estate value Assessment "work is underway, and has been prepared in several conditions of the city simulation test. In fact, as early as 2003, the introduction of property tax was put on the agenda, but the Chinese real estate market is still in the early stages of development, so it has not been implemented. "But now the real estate bubble has become a major livelihood problems and economic development hidden dangers, so the government will be property tax as a key to stabilizing the price of the killer." In the second half of this year, some of the property tax-related bedding policies will be introduced, and the overall economic recovery is likely to be the date of the introduction of property tax. "The WealthThe head of the administration said.