Real estate policy towards speculation tightening two sets of mortgages or becoming inevitable

After the recent high-level statements, the future of real estate policy trend has become the focus of attention.　　Shaoyun, Deputy chief engineer of China Land Survey and Planning Institute, said to the daily economic news, the Ministry of Housing Construction, the Ministry of Land, the central bank and other parts of the future may be issued related to the elaboration of regulatory policies. Many in the industry think that, given the centre's intention to "curb house prices rising too fast" and "curb speculative demand for investment", the next two sets of mortgage policies will continue to tighten. Yesterday, Xinhua also commented that severely those who require buyers to pay "good faith", driving up prices, creating a panic atmosphere, such as disrupting the normal trading order of the property market, and proposed in the room supply to increase the ordinary commercial housing and public rental listings.　　This may reveal a sign of a "70/90" policy tightening. "70/90" policy in question 14th held the State Council executive meeting, said to increase the medium and low prices, small and medium-sized flat-type common commodity housing land supply.　　Among them, "medium and low price, small and medium type" the argument and previous "70/90" policy has similarities, and caused widespread speculation in the market. Chao Song, director of the Land Survey and Planning Institute of China, said that out of the "rescue", many places in the implementation of the "70/90" policy in the process is not strict enough, but as a safeguard of the nature of the policy, should continue to strictly implement.　　According to reporters, many people close to the decision-making level also hold this view. But the views from the market are quite the opposite.　　"70/90" policy with a "one-size-fits-all" nature, and after more than three years of implementation, has not been recognized by the market, and should not be overstated, said Yang Hongxu, Minister of comprehensive Research at the Shanghai Institute of Real Estate.　　Yang Hongxu said that many developers have begun to circumvent the policy, such as buying two or more sets of small family, enlarge the size of the balcony, in disguise to the market to provide large-scale products.　　Sun Fan Xiaochong, vice president of the real Estate group, said to the daily economic news reporter, the government can through the tax, credit and other policies to tighten, the large-cap products, not necessarily to strengthen the "70/90" policy.　　Two sets of mortgages are bound to tighten in many people's eyes, two sets of mortgage tightening almost become inevitable. 14th, the State Council executive meeting pointed out that continue to support residents living and improve housing consumption, curb investment speculative buying.　　The meeting also said that the implementation of differentiated credit policies should be intensified.　　Yang Hongxu thought, the center reiterated the "investment property", indicating that the intensity of inhibition will increase, so next year two sets of mortgage policy will be strictly enforced, and even may tighten. Fan Xiaochong said that the improvement and investment in the definition of demand is more difficult, but according to high-level position, even if the spread of some of the improved demand, the two mortgage policy will be tightened.　　Both down-payment and loan rates are likely to rise further. The proportion of commercial housing capital or increase "enterprises to take money from the bank, it will not be so easy." Fan Xiaochong to reporters that future real estate credit may be tightening. 14th, the State Council executive meeting said to strengthen the real estate credit risk management. and exaggerate, "earnestlyPrevent all kinds of housing mortgage loan risk. "Fan Xiaochong thought, this year the real estate market is hot, largely lies in the developer's loan threshold is low."　　He thinks the most likely increase next year is the minimum capital ratio for ordinary commodity housing projects. According to the reporter understand, recently, the CBRC has asked the major trading banks to the six major risks of self-examination, of which the real estate industry credit risk impressively in the column.　　Fan Xiaochong said that the real estate loan risk is not very small, bad debt rate is also very low, the reason for the problem, mainly because many banks did not strictly enforce the relevant regulations.　　Yang Hongxu also thought, the real estate development Enterprise's credit will be likely to shrink, the enterprise in the financing, the additional debt and so on aspect preferential policy faces the end.　　Synchronization of the relevant ministries to implement the rules or the annual launch of every reporter Nie Wei trainee reporter Zhang from Beijing credit risk has been tied together with house prices, next year the risk control situation of banks may have to see the price trend.　　The meeting of the State Council held on December 14 called for stabilizing market expectations and curbing the rapid rise in housing prices in some cities, in which finance became an important hand. Analysts believe that the focus of the meeting is to curb rising house prices, the government has conveyed a pressure on the property market attitude. The risk of bank mortgages next year will depend on whether prices will fluctuate sharply.　　According to the practice, after the State Council executive meeting, the relevant departments of the implementation of the rules will be introduced in the near future.　　A stable house price is the risk of control. A person from the Bank of Sichuan province said the government's move was not only based on the safety of Banks ' credit assets, but also on the avoidance of bank credit risk, and, more importantly, on the expectation of curbing speculation and managing asset bubbles. "The State Council Executive Conference housing loan policy was mainly to avoid real estate price fluctuations in the consideration."　　"The Institute of Social Sciences, Yin Chengli, said that the current price increase has been too fast next year if the big rise, housing prices will be seriously out of the fundamentals, thus, bank loans also face huge systemic risks." "The mortgage is still one of the best quality businesses in the bank.　　"Some of the state-owned large trade banks said that the real estate regulation policy did not appear in the Central Economic Work Conference announcements, indicating that the government is unwilling to the real estate, to avoid the recession impact on the industry chain." Relevant rules or recent "relevant ministries to implement the details of the implementation of the Trust will soon be issued."　　Yin Chengli said it would not even wait until January, when the central bank and the CBRC would implement the State Council's executive meeting. "At present, the CBRC and other regulatory departments have not issued specific measures to the mortgage." "Some of the state-owned bank mortgage related people told the Daily economic news reporter, according to the Convention, in less than one months, the relevant ministries, the major trade banks will have their own implementation measures issued."