Six departments to explain the property market to curb the rapid rise in housing prices

The government will first position the commercial housing to meet the living function although, Vice-Minister, Deputy Minister of Housing and Urban and rural construction, did not give an answer to the "property bubble", but he pointed out clearly that it was to curb investment and speculative housing consumption.　　And as investment speculative demand is compressed to a reasonable interval, the property market supply and demand relationship must reach a new balance, housing prices will be followed by the corresponding "adjustment and floating." How can the guarantee and ordinary commercial housing supply effectively, and how to prevent the credit risk?　　Addressing social concerns, on 13th, the National New press conference, the Ministry of Housing, Development and Reform Commission, Ministry of Finance, Ministry of Land, central bank, Banking and Regulatory Commission of the six departments in charge of the role of the property market, the detailed interpretation of the "country 11" policy measures, transfer the confidence of regulation. [Affordable housing] this year will start construction 6 million sets of Vice-Minister said: "The real estate market bubble is a more complex problem, it is difficult to say clearly."　　"But he said he must see some of China's hot cities, especially the coastal major cities, the price of commodity housing is high, for this reason, the housing construction department will be higher prices of places and cities to focus on supervision." "It should be pointed out that our goal is to provide as much as possible for ordinary people affordable low-cost ordinary commodity housing."　　"Vice-Minister said. According to Vice-Minister revealed that this year, China will have 6 million sets of policy and guarantee of housing construction.　　Specifically include the price of ordinary commodity housing, affordable housing, public rental housing, low-cost housing and the upcoming urban and mining shanty towns renovation project. Vice-Minister stressed that the Government must position the commercial housing first to meet the living function, all over the strict implementation of two sets of loan policy. "On the one hand, increase supply, on the other hand curb unreasonable housing consumption, so that commodity housing supply and demand relations more stable."　　According to the market rules, the Vice-Minister analysis shows that the housing price will be "adjusted and floated" according to the supply and demand relationship after the stable supply and demand relationship. [Land supply] The national developers have 3 million mu of land "Country 11" proposed "increase the effective supply of housing construction land."　　　Yun, Deputy minister of Land and Resources, said the increase in real estate and the implementation of real estate land control is fully protected. Yun's confidence comes from two sets of data. One is up to the end of 2009, the National Real estate development enterprises hand already has nearly 3 million acres of land. "There is no problem with land for the next two or three years for real estate development," he said.　　"Second, the National Land Reserve Center at all levels to the end of last year, the reserve land of more than 220,000 hectares." According to Yun, for the land, the Ministry of Land and Resources in 2010 to take further stringent standard contract signed the content and other measures to strengthen the supervision of land development and utilization, in particular, the collection of land transfer, the completion of the time limit on land, the investigation and supervision of idle land. Through various measures to effectively promote the timely development of land for the provision of land to ensure the timelyBuild all kinds of housing to ensure people's living needs. Yun said: "We are taking measures to promote the rational and timely exploitation of land, but also to take appropriate measures to strictly combat all types of illegal land use and hoarding, reselling land and other acts."　　"As at the end of 2009, there were still about 10,000 hectares of vacant land in the country and about 54% per cent of the vacant land was caused mainly by government departments."　　According to Yun, for these idle land, the Ministry of Land and resources is arranging inventory processing, requirements around the end of January 2010, the basic processing finished.　　[Mortgage control] mortgage interest rate differential pricing The real estate market has become an important area of China's economic development, and also an important area of banking business.　　According to Wang, vice chairman of the CBRC, China's real estate development loans and personal housing mortgage loans have accounted for the increase in loans and the entire loan balance of about 20%. The banking industry attaches great importance to the risk of real estate development and personal mortgage loans. For real estate development loans to implement a comprehensive credit, requirements for the developer Loan Project Capital should be in full and in place in time.　　At the same time, the second set of personal housing mortgage loans with investment and speculative, that is, in order to sell and value added to the purchase of the behavior, the implementation of effective risk control. Wang said: "The current China's real estate development loans and personal mortgage loans, the quality of assets remain stable, as of last year at the end of the third quarter, continued to maintain non-performing loans and non-performing loans ratio of double decline." "In accordance with the" Country 11 "in the" increased differential credit policy enforcement "" lending rate strictly in accordance with risk pricing "and other measures, Mu Huibung, director of the People's bank financial market, said that the differential pricing of mortgage rates is not a preferential interest rate policy, is the commercial bank in the development of commercial personal housing loan interest rate of a bottom line　　, mainly to prevent credit risk. Mu Huibung said: "The People's bank encourages commercial banks to support the demand for home purchase, for other speculative investment demand, commercial banks in principle do not support." ”