The Ministry of Housing experts: the purchase order is a certain period of time policy

Each journalist Yang Yiqiang from Shanghai "to win time for subsequent supply increases."　　"Yesterday (October 21)," said Qin Hong, deputy director of the Center for Policy Research at the Institute of Housing and Construction, in East China's 2010 Chinese real estate brand value research results, held at the Centre for Central Housing Index. Qin Hong said the big background is that the "Limit purchase order", which has been introduced in 14 cities, has been "discussed" by the real estate industry.　　She hinted that the restraining order was "within a certain period of time" and was not a permanent policy.　　Industry hot Discussion "limit purchase order" before, Shanghai and other place in the "Limit purchase order" after the introduction, not only did not make the turnover quickly decline, instead of September rose, a number of new trading on the day sold more than 60%. Some real estate insiders in Shanghai believe that the "Limit purchase order" makes people feel that the house is more scarce, although it may curb the soaring property prices, but the role is very limited. In Beijing, Soho China's president, Pan Shiyi, said the power to regulate house prices was limited by supporting policies such as "limited purchase orders". Hua Yuan President Ren Zhiqiang also echoed in his blog, said: "Now knowing is the result of contradiction between supply and demand, but by restricting the purchase rather than increase the supply of the way to deal with, there will be good results?"　　Yixianrong, a researcher at the Institute of Financial Research at the Chinese Academy of Social Sciences, said in a media interview that the "Limit purchase order" had no effect.　　Volume amplification, coupled with the industry's query, so just "born" only half a month of "Limit purchase order", it is faced with the possibility of "premature death." Qin Hong: Non-permanent policy for this, Qin Hong said yesterday that the use of "limit purchase order" means to curb house prices, mainly because of rising prices and turnover is not only the real estate itself caused by the changes, there are many external factors support, such as long-term negative interest rate environment, limited investment channels, hot money flows, these factors can not be resolved in the short term , therefore, it is necessary to take administrative measures to curb the current rapid "inflation" of real estate prices.　　Moreover, administrative intervention is more effective than economic means to some extent. Qin Hong implied that the restriction order was "within a certain period of time" and was not a long-term policy of continuity.　　"A certain amount of time" depends on whether the new supply catches up with demand in time. According to Qin Hong's point of view, the time limit for purchase orders is very much related to supply, especially to land supply. She then gave a set of figures showing that the land supply at present is uneven, although the overall increase, but individual cities are still negative. January-September, the National Land transaction area than the same period last year, increased by 49%, but the increase in turnover is mainly in April "State 10" after the introduction, "and the same period last year, 8 September land turnover is negative growth." ”