Who is pushing the housing shortage? Who manipulated Shenzhen's soaring housing prices?

Source: Internet
Author: User
Keywords Average price property bubble Shenzhen Meilin
Tags creating creating a data high market stock world
Absrtact: According to the tracking statistics of the World Union real Estate, in May this year, Shenzhen first-hand room turnover was 12901 yuan/square meters, up 15.79%, of which the last week the average price of 16540.9 yuan/square meters, creating a new high this year.  Shenzhen's housing prices are back to 2007 years of frenzied inflation. According to the tracking statistics of the World Union real Estate, in May this year, Shenzhen first-hand room turnover of 12901 yuan/square meters, an increase of 15.79%, the last week the average price of 16540.9 yuan/square meters, creating a new high this year.  Second-hand housing transaction average price up to 14653 yuan/square meters, compared to last October, the lowest record rallying 30%. After the economic crisis has not yet ended many enterprises still face the plight of survival, why should the property market be able to reverse its path?  What is behind the soaring prices?  Housing shortage on the promotion of the industry, the current promotion of the Shenzhen property market is one of the reasons for the "housing shortage theory" reappearance.  Some developers and researchers spread the message through various channels: according to the current rate of digestion, the Shenzhen property market inventory In only a few months can be sold, coupled with the housing market after the tight supply, the 2010 new house supply will suddenly reduce, the market will appear "housing shortage."  In the "Housing shortage theory", the Shenzhen primary room supply situation so described: 2009 Shenzhen pre-sale of the building area will not exceed 4 million square meters, Shenzhen Real commercial housing inventory is currently about 2 million square meters, less than the book data, close to 50%. Shenzhen City Real Estate Research Center deputy director Feng said, as of June 20, the official website shows the Shenzhen can be sold for 38294 sets, more than 4.2 million square meters, these data are cumulative statistics over the years, can accurately reflect the stock situation in Shenzhen property market. Feng also pointed out that the housing market to judge the supply situation, can not only look at the stock. "The stock can only reflect the status of the project under construction to achieve wholesale state, but in fact, there are many projects under construction did not get pre-sale license, this part of a large number but not included in the inventory data." "Feng that the current situation is short of inventory, as developers speed up investment, the second half of the property market will significantly increase the stock."  According to statistics from Zhongyuan Real Estate, the city is expected to have 137 projects in June-December, including new plates and new units for sale in the market. Inflation expectations are another driver of inflation expectations. In the context of the financial crisis, real estate has become the first choice for many investors to avoid risk, in addition to the restrictions on the release of the easing policy, a large number of investment home buyers have poured into the Shenzhen property market, further helped push the rebound in housing prices. "Mainly for the preservation of wealth, but also hope that through short speculation to make a fortune." "Just in Shenzhen, Merlin Meilin spent 1.6 million yuan to buy a property," Ms. Wang told reporters, and the end of last year, she saw the price of the house less than 1.3 million yuan. The number of Hong Kong people buying has increased by 20%-30% since the "restraining order" of the property market was officially lifted in Shenzhen at the end of April.But many intermediaries say, compared to the 2007 when buying a house shot, the people of Hong Kong in Shenzhen are more rational and cautious. Mei Lian Property Shenzhen Sales Department general manager Jiangshaoje Analysis "Hong Kong people popular ' turn-around culture ', that is generally believed that the purchase of real money to maintain the value of more protection." Analysts point out that loose monetary policy is the main reason for inflationary expectations, and homebuyers should be wary of a new bubble in the housing market that could be affected. Newspaper reporter Huiping
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