The rise of benchmark land price has little effect on house price

Source: Internet
Author: User
Keywords Little Land price
Newspaper reporter Zhu Nan from the recent land transaction prices, land prices rose even far beyond the price increase.  In February this year, the Wsw-c2 Kaifong wsw-c2-14 block in the first phase of the Central district of Lingang New Town, which was sold at a floor price of 7495 yuan/sqm, was rezoned to 8 residential land, and in the 2003 benchmark land price, it was only 510 yuan/square meters and was classified as 9 residential land. Whether to raise the benchmark land price will cause the land price to continue to rise, or help push the price.  Yang Hongxu, General Research Minister of Shanghai Institute of Real Estate, said the benchmark land price has little influence on the prices and even the prices, the land market is mainly in the marketing mode, the developers will calculate the cost of land by the sale price of the future commercial housing, and the benchmark land price is the guideline of the government's prices. According to a government-related department insider analysis, the updated benchmark land price relative to the current land transaction prices, still considered "cheap." There are many factors affecting land prices, and the benchmark land price increase, only to raise the price of the floor or to bid, does not mean that will be pulled up the price of the transaction, it may not be pulled up prices. As a real estate market, the final product of commercial housing, its price is determined by the law of supply and demand. In addition, from the calculation route of benchmark land price, the price determines the benchmark land price to some extent, rather than the benchmark land price.
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