Special tax still pending approval of developers capital chain will be subject to a major test

Source: Internet
Author: User
Keywords Loans commercial banks at present
Tags consumption consumption tax content developers development higher market market trends
Zhongqing as the inland region only one by one municipalities, is the first to levy real estate special consumption tax areas, the recent real estate market trends and policy implementation is our more concerned about the content, so recently we have a Chongqing government departments and some banks have conducted research. Among them, the main points related to real estate are as follows: first, special taxes still need to wait for progress. Chongqing's special consumption tax is a variant of the real estate tax, the current should still await the approval of the State Council procedures, there has not been further progress.  And even if the levy, due to higher starting point, the expected impact is limited. Second, public rental housing construction is the main means of regulation. At present, Chongqing will focus on promoting public rental housing construction, with a sound housing system to curb the price of commercial housing prices too fast. Zhongqing plans the next 10 years, the construction of 40 million square meters of public rental housing, this year opened 5 million square meters, 3 years time to complete the construction of 20 million square meters of the task. According to the average number of residential completed in the last three years, the 3-year 20 million-square-metre public rental housing construction target is equivalent to 1/3 of the annual residential completion amount.  If Chongqing can successfully regulate house prices through the construction of public rental housing, it will make a successful demonstration for the whole country. Third, the current local banks to implement the New deal is different.  From the bank to understand the situation shows that some large state-owned commercial banks such as BOC, ICBC, etc. have begun to implement the new deal, raise down payment ratio and loan interest rate, but some commercial banks have not yet been strictly enforced, especially for foreigners to purchase the provisions of the implementation is not strict, is expected to be a Iv. the tightening trend of development lending has become clear. At present, the Banking Regulatory Commission on the development of loans are not expressly tightened, but only to the suspected hoarding land developers can not give loans to the alleged cover of the property can not be mortgaged mortgage. However, from the investigation of the situation, the development loan tightening trend has been quite clear, the recent developers to apply for loans significantly more difficult, the future banking supervisors may also be the developer's mortgage or discount rate to implement stricter rules. BOC International

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