Regulation to increase house prices may fall in the second half

Source: Internet
Author: User
Keywords Real Estate Blue Book
Tags demand development environmental environmental research finance market market overall market supply
The Chinese Academy of Social Sciences 5th released the "real Estate Blue Book" shows that the 2010 real estate market overall demand and supply tight pressure still exists.  Speculative demand is restrained to a certain extent, will limit the 2010-year house price rise space, if the policy regulation is intensified, hot city house prices will be lowered in the second half.  House prices may be lowered in the second half of the Chinese Academy of Social Sciences, Institute of Urban Development and environmental research, Li Jingguo, director of land and real estate research, said that the 2010 real estate supply and demand is the main reason is the completion of the area and land acquisition area in 2009 significantly reduced, to the 2010 market supply at least The Blue Book shows that 2009 the national commercial housing and residential average price of 4695 yuan/square meters and 4474 yuan/square meters, respectively, than 2008 growth of 23.6% and 25.1%. In the same period, the land acquisition area of 320 million square meters, the lowest level since 2003, the development of land area of 230 million square meters, the lowest level since 1997.  Li Jingguo said that this situation may have a certain impact on the supply of commercial housing in the next 1-2 years. Under the influence of the regulation policy, some prudent enterprises may adjust the development plan, and will shrink in terms of land speed, scale, new starting area and construction progress.  Since 2005, the dwelling house has been far less than the housing sales, the housing market since the sale of real estate sales have not peaked, there is continued growth, these will increase the supply pressure in the real estate markets. Despite tight supplies, high prices have curbed demand for homes. The Blue Book pointed out that 2009 house prices have risen to high, some cities, especially the one or two-line city prices have touched the ceiling of ordinary buyers.    If the 2010 tightening monetary policy, and increase the control of real estate, the introduction of stringent real estate measures, 2010 National Real estate prices will be curbed, hot city housing prices will be reduced in the second half of the two or three types of urban real estate growth will slow down.  Perfecting a number of supporting policies The Blue Book thinks that the 2010 real estate policy should adhere to the "stability" policy orientation, at the same time increase and improve the market system construction, focus on maintaining policy continuity and stability, the use of tax, finance and land policies to regulate, curb the rapid rise in housing prices.  Chao Song, director of land Surveying and Planning Institute of China, Ministry of Land and Resources, the new "State 10" is a flexible camera emergency control measures, at the same time behind the corresponding policies to follow up, to solve the development of a single monopoly of management system, the pre-sale system is imperfect, urban and rural real estate market fragmented system issues. Wang Huilin, deputy director of the Center for Policy Research at the Ministry of Housing and Urban and rural construction, said the market supply is a key condition for stabilizing the market, and the key is to look at local policies and implementation.  The 2010 real estate market will be in the adjustment of development, the long-term effect of real estate consumption will not change. Zhu Zhengyi, vice president of China Real Estate Association, said that the real estate regulation should be "blocked" and "sparse", and should strictly implement differentiated housing and credit administrationPolicy, but also to create conditions, broaden the financing channels of enterprises, widen the channels of private funds investment, and guide the funds into the field of production. Li Jingguo also suggested speeding up the reform of real estate finance, shifting from bundled land finance to a holding property tax. Measures to curb speculation not only in the sales link needs, but also in the holding of links to move, the development enterprise beyond the planning cycle of the collection of resources idle holding tax, for the development of property owners outside the enterprise can be based on the size of the uniform collection of real estate holdings tax.
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