Representatives of the two councils shelling high house price property market housing leakage

Source: Internet
Author: User
Keywords property market the two sessions Guangdong province
Tags high index local market sessions shelling stocks
"The house leaks in the rain", or can be said to describe the current housing market situation. The property market has shown downward signs since the central government imposed even more regulation on the property market late last year. In particular, the fastest-responding property stocks, since last December triggered a panic decline, the real estate index fell in a a-share 23 first-tier sub-industry.  In this case, any new bad can lead to the property market again downward. Happened at this time, the local "two sessions" held, "two sessions" of the NPC deputies and CPPCC members mercilessly on the high prices launched a condemnation. Last year, Guangdong province, after the "two sessions", in view of the real estate depressed situation quickly introduced to support the real estate industry "Yue 15", after the Guangzhou property market by leaps and bounds, the Guangdong province this year after the "two sessions", the soaring housing prices will quickly introduce regulation of "Yue 15", leading to the Guangzhou property market from Wang to light?  Of course there is such a possibility, and this may be enough to make the market more and more wait and see atmosphere. The property index has fallen to the January 2010, with listed companies releasing their 2009 annual report. Judging from the published annual report, the housing companies ' performance last year was bright. Tai Lung property, for example, last year, the company realized revenue of 1.748 billion yuan, an increase of 1174.08% year-on-year, net profit increased significantly 14256.4%. As a result, the company has sent red envelopes to shareholders to increase their share capital by a CPF and to increase the total share of 10 shares per 10 shares to all shareholders.  However, the bright annual report is also difficult to conceal market disappointment, the Friday close, the shares plunged 7.01%. Tai Lung real estate can be said to be a microcosm of the current listed housing enterprises. Since last December, the bright annual report difficult to block the "house has been leaking" wind and rain, property shares have been selling, the share price has slipped. Since January this year, the real estate index has fallen by 12.54% per cent, ranking second in 23 sectors. If the calculation starts from last December, the real estate index has fallen by 20.77% in the year to January 27, the first of the 23-tier industries.  After nearly two months of continuing declines, many property stocks have fallen below the value of net assets, and even property-leading shares are at lows of nearly four months. The property index has fallen all the way, what about the property market itself? Also not optimistic. In addition to the Hainan property market is hot and sales all the way higher, Beijing, Shanghai, Shenzhen and other cities are "light" word, such as Shenzhen, real estate International monitoring data show that January 22-28th New home daily deal area of a sharp decline of 21%, this is the third consecutive week of decline, and the decline occurred accelerated momentum. The same is true in Guangzhou. Glory Group Market Research Department of the Sun home margin of the transaction data monitoring shows that January 4 17th, the city's 10 district of the two cities of residential turnover of 3548 sets, an average of 1774 sets of transactions a week, and to January 18-24th, the city's 10 district two municipal housing contract for a week for 1546 sets,  The average turnover in the previous two weeks decreased by 12.8%. Real estate stocks and the property market itself has affected the psychology of developers, Conghua a property marketing negativeThe responsible person said with concern: "Even if there are concessions, it will not attract the public to the scene."  "Overnight Rain" local government began to regulate?  As a result of the central regulatory policy caused by the "housing leakage" has become a fact, now may also encounter "overnight rain": Local governments have joined the ranks of regulation. This concern comes from the local "two sessions" held recently. The NPC deputies and CPPCC members of Zhejiang Province have issued several proposals to curb the soaring property prices in 2010. Guangdong province also does not lag behind, CPPCC member, the province TSU President Chen Junkang said: "Guangzhou now the house price, even if Rob Bank also can not afford." "Congress representatives from the real estate industry, Shao Jianming, chairman of the Sea-India group, to the high price of the denunciation of the same," because of the housing price problem, Shanghai, Beijing, Guangzhou and other major cities, there are a large number of groups in such a state: monthly for 8000 to 9000 yuan, worried, afraid to consume bulky, Dare not travel. Isn't that ' dwelling '?  In addition to the denunciation, the representative members also made suggestions: Take a look at Singapore's practice: 90% of the land is not taken out to do commercial housing development, by the Government to develop housing, low-cost for residents to live; should allow units to use their own land to build funds for employees to solve the "sandwich layer" housing problems ... 2009 Guangdong Province "two sessions" after the support of the real estate industry, "Yue 15", this year, after the "NPC" how? It appears that there will be bad. Because early in the "two sessions" before, Guangdong Province, the director of residential building Fangqingfang said, "Guangdong 15" is bound to adjust, under the influence of both sessions, adjustment is likely to the direction of adverse property. If the real estate industry is regulated from central to local, the property market will fall into a deeper quagmire.
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