Some of the city's restrictions on the purchase of the policy will be due to the media said prices did not fall

Source: Internet
Author: User
Keywords Media
Ren Zhiqiang, a property developer who has always been called "Cannon", has thrown a question at the sixth annual real estate finance meeting to China's real estate regulatory policymakers: The real estate restriction policy expires on December 31. Is it lawful to implement the policy of restricting purchase for a long time? Will the cancellation of the restriction policy lead to a rebound in housing prices?  A series of unavoidable problems, so that real estate regulation at the end of the year facing a big exam.  Reporter investigation found that the 14 cities that have introduced restricted purchase policy, Xiamen, Fuzhou, Haikou clearly proposed the December 31 to implement the "effective time limit"; Wenzhou in the middle of October, the start of the policy, the restrictions on the purchase policy is valid for six months, the rest of the city for temporary.  November 25, a person close to the State administration of taxation in the "First China tax forum," said that the real estate tax as a direct tax, will be, and will be as soon as possible, at present only in the timing, the policy, such as restrictions on short-term regulation and control policies, will be long-term regulatory policy replacement. "Most of the city's restrictions have expired and new will start next year," he said.  "Ren Zhiqiang said at the annual meeting of the real estate finance, the majority of cities are expected to continue to implement the real estate restriction policy next year."  A close to the Ministry of Housing experts also said that, although the December 31 will be part of the city restrictions on the purchase policy expires, but from the current situation, continue to tighten the control of real estate is still the focus of work, these cities will continue to implement the policy of restriction.  Restrictions on the purchase of the policy of nearly 2 months, the country's main urban housing transactions fell more than 20%, but the effect of regulation has not been reflected in the price.  November 29, the Beijing Municipal Provident Fund Management Center issued a new deal, the first set to buy more than 90 square meters of Housing Provident Fund loans, down from 20% to 30%, while the Provident fund to buy three housing loans to stop lending; per capita housing area of more than 28.81 square meters, buy two housing loans to stop lending.  The tightening of Beijing's real estate policy means the pressure on Beijing's housing prices is still greater. China Real Estate Industry Association vice President Guyunchang November 29 to the media, although the November data has not come out, from the initial situation to see, November, December volume will not be higher than the October, but will still show a stable posture, will not fall too much.  At the same time, November, December housing prices will not be a large decline.  Ren Zhiqiang said that house prices will not fall the reason is very simple this year not only did not decline in land price, on average there is still a big increase. Hua Yuan recently to 1.78 billion yuan in the price of Beijing Tongzhou a plot, building area of 312,000 square meters, of which 158,000 square meters for the planning and construction of policy housing.  Although the land price is lower than last year, but after deducting the policy room, each square meter floor price is about 9422 yuan, and it does not fall back.  Ren Zhiqiang said that the rise in land prices is an important manifestation of a large number of commercial plots in the allocation of policy-building housing, resulting in increased costs, must be attached to commercial housing. Sunshine 100 Real Estate DongIshadi also said that due to the April 2010 after the real estate regulation, so that most private real estate enterprises to raise the cost of financing.  Private real estate enterprises to obtain 10 billion yuan loan annual interest cost has risen to 1.2 billion yuan, and state-owned real estate enterprises as long as 600 million yuan. "This round of regulation in the past, the survival of the real estate enterprises will be high financing costs, policy-building costs, etc. are attached to the housing price."  Said the expert, who is close to the housing department. At the same time, Ren Zhiqiang and other developers believe that restrictions on the purchase policy to suppress some of the normal market demand, after the introduction of the policy, this part of the demand rebound will create new price pressure on the market.  In this connection, Qin Hong, deputy director of the Center for Policy Research at the Department of Housing and Construction, said that although the purchase order was an administrative policy, the supply and demand relationship would be effectively balanced with the orderly increase in supplies.  At all levels of government, the restriction policy is a short-term policy, how to keep the house price does not rise greatly after the restriction policy is cancelled or weakened, it is a difficult problem. No timetable has been given to those close to the State administration of taxation when the property tax is introduced. Ren Zhiqiang that the property tax can not play a stabilizing role in housing prices. Ren Zhiqiang believes that the relationship between the property tax levied in the preservation link and the real estate tax, land value-added tax and land transfer payment in the development link must be clarified.
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