Regulation of the new Deal ensued 51 property market deal dismal

Source: Internet
Author: User
Keywords Beijing the property market
Tags continue continued control credit data demand developers economic
"The most stringent" in the history of real estate macro-control is profoundly affecting the property market around.  "Economic reference newspaper," the reporter learned that by successive regulatory policies, 51, Beijing, Shenzhen and other real estate market continued to slump, whether buyers or developers are caught in the wait-and-see state, commercial housing turnover to freezing point, and the deal price appears to be loose signs. Industry insiders said that the local version of the market regulation of the severity more than the central, the future of the housing market is expected to continue to lower, or is now "volume Price Qi", the trend of property market adjustment has been established.    Experts said that if the policy regulation without obvious effect, central or local governments may also introduce more stringent regulatory measures, such as the voice has been soaring property tax policy. The current status of home purchase sentiment into a serious wait and see "Recently the people are obviously less, the month of the beginning of last month can receive more than 10 groups of customers, now one day can have two or three groups is good." After the April list, you can have a good rest.  "Beijing East four ring an intermediary broker," said the pony helplessly.  "Economic reference newspaper" 3rd from the Beijing Real Estate transaction management website learned that 51, Beijing second-hand housing transactions fell into the freezing point, May 1, 2nd, the daily average of 211, and the April daily average signing volume of 1164, the decline of 82%.  The data from the Beijing Real estate transaction Management Network also shows that after the introduction of the new "State 10" in mid-April, a total of 8 projects in Beijing have launched a new pre-sale room, a total of 2377 sets of newly-sold houses, as of April 27, only 1 sets of sales. "51" period, in the Guanzhuang is located in a project sales office, few people to see the disc, sales staff are also chatting.  Economic reference newspaper reporter in the interview learned that the project has just opened 51 ago, launched about 300 sets of listings, currently sold less than 100 sets. "Before the opening was robbed, and now the policy is too powerful, many of the original intention of the customers are beginning to wait and see." "And for 25000 yuan/square meters of the average price, sales staff said that the temporary will not adjust," the developer temporarily not lack of money, also on the sidelines. "21st century Real estate market analyst Ziffan told Economic Reference newspaper reporter, over the years, the big, small long vacation, the property market turnover is very low, so the light of the holiday volume does not have much reference value." "The impact of the new deal on the housing market, the key is to look at 51 after the current situation is not optimistic, the second half of the situation will become worse." "Not only Beijing, the housing market cooling policy of successive introduction, but also make Shenzhen's housing sentiment from the previous upsurge to seriously wait and see." According to the Shenzhen Real Estate Information Network monitoring statistics show that May 1, Shenzhen only 26 sets of new houses, May 2 only 7 sets of new houses.  The housing market is deserted. "Economic reference newspaper" reporter in the 2010 China Shenzhen (Spring) Real Estate fair scene, Shenzhen local developers only 8, ginsengExhibition only 14, compared to 51 last year, Shenzhen project exhibitors, plunged more than 70%, the most desolate record in history. "Since late April, the price of second-hand housing in many parts of Beijing has been loosened.  From the current situation, this momentum will continue for some time, "all the expected, with the tightening of regulation and turnover, Beijing second-hand housing prices will be the first to fall, about 2-3 months later, new house prices will begin to loosen."  Zhongyuan Real Estate is expected, in May, Beijing commercial housing turnover is likely to fall, or more than 50%, and prices because of the opening of the urban area in May, the proportion began to increase, the opening price is likely to continue to rise, but some suburban projects must begin to cut prices, property market adjustment trend has been established  The local version of the property market, the new deal together with developers and buyers of the double wait-and-see, with the central and local launch of the property market control policy has a great relationship. Following the April 17 State Council's determination to curb the rapid rise in the prices of some cities, issued after the announcement, including Beijing in various places have been issued policy implementation of the State Council related notice Spirit.  In addition, Shenzhen, Shanghai and other places are also actively brewing local implementation rules, the industry predicted that after 51 will be more cities to launch local version of the property market regulation of the new deal, the pressure of the property market adjustment in the further accumulation. April 30, rumors has been a long time Beijing property market finally landed. The notice, known as the "Beijing 11", clearly requires commercial banks to suspend loans to non-Beijing residents who purchase third and above housing, as well as those who cannot provide proof of tax or social insurance payments for more than 1 years, according to the risk situation.  From the date of policy release, the same home buyers can only buy a new set of commercial housing.  "Chain Home Real Estate" market analyst builded that the "Beijing 11" short-term impact effect, not only restricts investment demand, many of the demand will also be shut out, if the previous "country 11" so that people want to buy a house do not want to buy a house, then this rule is to let people who want to buy a house can not buy a house. S. Pan Shiyi, China's chairman, said that "the same home purchase family can only buy a new set of housing in this city" is a strict policy. In the past, the phenomenon of multiple purchases in a housing project was more prevalent, and more families were bought in the whole city.  This policy will lead to a rapid reduction in demand for housing in the market. Beijing is not an orphan. April 30 The same day, the Zhejiang provincial government executive meeting proposed that for commodity housing prices are too high, rising too fast, tight supply of cities, commercial banks can suspend the purchase of the third set of housing loans and above according to the risk situation.  To suspend the purchase of housing loans for non-local residents who cannot provide a certificate of local tax or social insurance contributions for more than one year. April 26, the Guangzhou municipal government executive meeting also proposed to pressAccording to the spirit of national 10th, further strengthening and improving housing security, focusing on the solution of the "sandwich layer" group housing difficulties to make breakthroughs to promote housing, tertiary market balanced development.  We should strictly standardize the market order, increase law enforcement, and seriously investigate and punish the illegal behavior of hoarding, hoarding, driving up prices and evading policies.  The United States Union property Research Center believes that it is precisely because of the Guangzhou government to do the supply of affordable housing, the price played a calming effect, so that Guangzhou house prices far lower than Beijing, Shanghai, Shenzhen and other front-line cities. As early as April 23, Qingdao the first to introduce regulation rules. Qingdao put forward, strict implementation of the State Council requirements of the credit policy.  In the area of taxation, Qingdao requires that the gross profit margin of commercial housing developed by real estate enterprises should be adjusted from 15% to 20%; the pre rate of land value-added tax on non-ordinary residential (including villas) and non-domestic estates developed by real Estate Enterprises is adjusted from 1% to 2%.  Experts generally believe that the local version of the regulation is the "country 10" specific refinement and implementation, to curb the rapid rise in housing prices, to combat speculation, to protect the demand for reasonable housing will have a positive impact.    However, there are also analysis that the country as a whole, the differences between the cities are very large, some cities may not need to introduce new and more stringent regulatory policies.  Forecast developers can be up to 6 months in the property market regulation and control policy frequently issued, wait and see sentiment strong, volume fell sharply in the background, the prediction of the sound of house prices fell again. "The second half of the price will certainly drop, the real inflection point will appear in the third quarter, this year Shenzhen house prices fell 20% is reasonable."  Wanda Group senior manager Wang Yongxie in a real estate forum to make the above judgments.  The Central Plains real Estate three market director Dawei also believes that the current market conditions and the end of 2007 is very close to the Beijing house prices have stopped rising, some suburban prices in May may be lowered by more than 10% to 15%, 50% of the speculators will be in 3 months to start selling second-hand housing sources, and the year is expected to In this respect, a real estate developers do not want to be named to the economic reference newspaper, said: "Every day to suppress real estate, we are beaten accustomed to, playing tired, in fact, not afraid, hands not bad money, can carry live."  "In his view, the idea of a 30% drop in house prices this year is too pessimistic." Since last year, the real estate sales unprecedented hot, developers generally returned a large number of funds, in front of the regulation of most of them chose to wait and see.  Data from 21st century real estate showed that 40 projects were expected to open in Beijing in April, but less than 20 were available for the pre-sale certificate as at April 27.  However, Ziffan said the wait-and-see period will not last long, although developers hoarding funds enough to allow them to cope with more than half a year of the housing market stalemate, but the increasingly spread of the wait-and-see atmosphere and credit crunch news, but on a daily change in the attitude of developers. Under the effect of the cumulative effect of the regulation policy, openIt's hard for the dealer to sit down quietly. The day will soon pass without the price of the teeth. A considerable number of developers, can live up to 6 months, will have to reduce prices.  "Ziffan said.  Du Me, an eminent person in the real estate sector and a financial critic, believes that a combination of monetary policy, land policy, tax policy and affordable housing policy is needed to achieve regulatory goals.  The central bank 2nd announced a decision to raise deposit-type financial institutions to increase the deposit reserve ratio of 0.5%, experts believe that this will bring a big negative impact on the real estate industry, but the more influential measure is to raise interest rates. "The increase in reserve requirements is not enough, but also through a number of interest rate hikes to increase the cost of all buyers and developers, and prevent developers will increase the costs after the transfer to consumers."  "The above experts told the economic reference newspaper reporter, only the introduction of the real estate industry policy, can make its policy hit more accurate, more ruthless, otherwise vicious rebound is only a matter of time." According to the data from win D, the proportion of home buyers is getting more and more expensive through bank mortgage loans. 2009, the National Commodity Residential sales 3.815 trillion yuan, the year residents of the medium and long-term loans up to 1.588 trillion yuan, there are more than 40% of the home purchase funds from commercial bank credit.  Once the rate rises, the pressure on homeowners to repay the debt will increase. The special research data provided by the market Research Department of "chain House real Estate" show that the interest rate hike in the past years can cause at least 10% of the owners to sell their houses.  This will be an effective restraint on the demand for speculative homes. Newferry, a researcher at the Institute of Urban Development and Environment of the Chinese Academy of Social Sciences, points out that the central government or local governments are likely to introduce more stringent regulatory measures if there is no obvious effect on the policy regulation. This depends not only on the real estate market itself, but also on macroeconomic trends.
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