Real estate price limit makes rumors of direct intervention to be accused of overdoing

The property market "limit order" rumors of a direct intervention is accused of overdoing every reporter Zhang from Beijing "The relevant ministries are working on the relevant management measures, according to the method, the price department will be able to direct administrative control of prices."　　Recently, a report on the policy of house-price intervention spread widely, in the "new five" issued less than two months ago, let the industry big call accident.　　According to the above report, in accordance with the "Price law", ordinary commercial housing prices return to housing reform before the "government pricing" has its rationality.　　The daily economic news reporter yesterday (November 9) to conduct a multi-party verification, but the Ministry of Housing, the NDRC and other competent departments have not given a clear answer. There is a view that the pre-sale system stipulated in the "one Room One price" policy, in fact, is a disguised price intervention.　　While respondents expressed their opposition to the "limit order", they still believed that if prices continued to rise rapidly, it would not rule out the possibility of next year. According to the National Bureau of Statistics, 3 months after the stalemate in September this year, the country's 70 large and medium-sized housing sales rose 9.1% Year-on-year, the chain Rose 0.5%.　　After many rounds of regulation, the expectation of rising house prices is still strong.　　Legal basis vague according to media reports, the core contents of the above measures include: when the housing price increases substantially, by the provincial people's government agreed, the provincial price departments have the right to direct hand to limit the sale price of commercial housing, such as direct restrictions on the level of profits, direct sales price. Despite the skepticism, the price intervention policy means that property regulation is back to the planned economy era.　　But the report quotes a real estate industry personage's appraisal to say, under the current "Price law", the price intervention can be completely legal. The price Act, adopted in December 1997, provides for the imposition of government guided prices or government pricing in 5 cases: a very small number of commodity prices that are of great importance to the development of the national economy and the lives of people; a few commodity prices with scarce resources; commodity prices of natural monopolies; important utility prices　　Important public welfare service prices.　　A person close to the decision-making level told the Daily economic news reporter that in the first case, house prices may be included in the price intervention, but there is no such precedent abroad. Chen Yunfeng, the secretary general of China's real estate managers ' union and vice president of real estate, said that house prices do not belong to the above categories, "the price of basic necessities and people's lives are very important, if you want to intervene, its scope will be very wide."　　"he said. It is understood that China's current implementation of the maximum price range mainly includes imported goods, individual retail goods, remote areas of industrial products, and so on.　　Since the housing market reform, in addition to the policy of housing profit margin limits, there is no commercial housing price intervention precedent.　　This reporter also found that in the "Country 10" and "New five", only to curb house prices "too fast rise", did not explicitly mention the means of price intervention. Has now intervened in disguise in fact, it is not impossible to impose price intervention on house prices in the opinion of many industry respondents. BecauseIn accordance with the provisions of the Housing construction Department of the pre-sale link "one room one price" principle, Beijing and other cities have in fact made a disguised intervention.　　Since September 1 this year, the implementation of the "Shenzhen real estate market supervision measures" stipulates that the real estate market price of the total level of volatility and other abnormal conditions, prices of integrated management departments can give warning to the enterprise, serious punishment. Tougher intervention comes from Beijing. In accordance with the Beijing November 8, the sale of commercial housing pre-sale new deal, the housing enterprises in the release of pre-sale information, not only to clear pre-sale prices, but also to clear preferential margins.　　Since May this year, Beijing has stopped issuing pre-sale certificates to high-priced houses.　　Yang Hongxu, the General Research Minister of Shanghai Institute of Real Estate, said to the daily economic news reporter that the provision was in fact equivalent to price intervention, but the terms "clear concessions" were slightly harsher. Yang Hongxu that, do not rule out the possibility of "limit order", but the implementation is not easy to operate.　　He said that in the implementation of the housing sector should be the leading, price departments play a complementary role.　　Those close to the decision-making level to the "Daily economic news" Reporter said that, in view of the particularity of commercial housing, if the implementation of price intervention policy, according to the region, project, or even huxing different, the price guide, the operation process is extremely cumbersome, high cost.　　He also believes that even if the price intervention policy is implemented, it is only a short-term policy and will not become the norm.　　The opposition is still big even though there is a certain psychological anticipation of the "limit order", the respondents made clear their objections to the policy when interviewed by the daily economic news reporter. Yang Hongxu that, "new five" just issued less than two months, now is the policy effect of the observation period, the introduction of "limit order" premature.　　He said that the existing policy has been very stringent and should not be further increased in the short term.　　Chen Yunfeng pointed out that in all commodity prices, prices and prices, gold, interest rates, inflation and other parties are the most closely related, if only focus on housing prices and ignore other macroeconomic indicators, no doubt outweigh the gains.　　He believes that if the direct intervention in prices, it is inevitable overkill, housing prices should be given to the "invisible hand" to adjust. The main problem with the current real estate market is that liquidity is big and inflation expectations are strong, say those close to policymakers.　　Therefore, even if price intervention, the effect is very limited. Yang Hongxu said that the "limit order" should not be introduced in the near future, as of the second quarter of next year, if house prices still rise too fast, this policy may be officially unveiled.