Home > economy Channel >                 text

The "double track system" of housing prices is not alone. Who broke the expectations of regulation?

May 11, 2018 23:22
Author:Water skin
source: China Times

Oriental Fortune APP

  • Convenient
  • Mobile phone viewing financial news
  • Professional, rich
  • Master the pulse of the market

Read articles on your phone

  • prompt:
  • WeChat sweep
  • Share it with you
  • Circle of friends

It is a consensus that the room does not stir up.

However, this consensus is basically only in theory, and the real situation in real life has now evolved into a pattern of “staying and robbing”.

Chongqing is just a microcosm.

The country's largest municipality with a population of 30 million, the actual urban population is only 8 million, plus 2 million permanent residents are only about 10 million. 2016 in Chongqingreal estateThe sales area is more than 20 million square meters. In 2017, it was 36 million square meters. The sales in the first four months of this year have reached 11 million square meters. It is not surprising that the sales in 2018 will probably exceed 30 million square meters. 3 years is close to 80 million square meters, and 100 square meters is 800,000 sets, which is about one-tenth of the registered population. This kind of sales is so hot that even local developers are afraid of it. Many people give it in the open forum. The market is pouring cold water, reminding the market to enter the adjustment cycle in the second half of 2018, but, right now? The real situation is that "one room is hard to find", the developers' real estate is basically "second disc", investors are good, consumers are good, investment is good, just need, it has formed a common expectation, do not grab white not to grab , grab the white robbery, who will not grab the white?


Because the first-hand house and the second-hand house are upside down!

In order to control the excessive rise of housing prices, local governments now limit the price of second-hand housing in the market, and the price of second-hand housing in the market is controlled by the construction committee. The first-hand housing is far lower than the second-hand housing. Still ablebankMortgage plus leverage, the arbitrage space thus formed is not stunned, even if the whole house is bought, some people line up to buy, and buy is to earn. There is nothing new under the sun. A similar situation has appeared in Nanjing. Hangzhou has also appeared. Chongqing is just a re-enactment. The formation of such arbitrage space is artificial and the inevitable regulation is simple. Can the price be regulated? Price control is useful. What do we study about supply and demand, and we are full?

Expected management is the art of the door.

Well done, calm.

If you don't do well, get angry.

The Ministry of Housing and Urban-Rural Development recently talked about the heads of Chengdu and Taiyuan. They also talked about ten cities including Xi'an, Haikou, Sanya, Changchun, Harbin, Kunming, Dalian, Guiyang, Xuzhou and Foshan, emphasizing the real estate market regulation goals. Unshakable, the strength is not relaxed, this is the same signal released after the two ministers' passage.

The cities that the Ministry of Housing and Urban-Rural Development interviewed have some common characteristics: First, the second-tier cities are not the first-line or new-tier cities that have led the rise, and they have a compensatory nature to some extent. Second, the regulation of these cities is not strong. The investor has a certain space; the third is that the local government’s “grab man” reason has actually relaxed the restrictions on the settlement and purchase of foreign residents, and even introduced relevant subsidies to stimulate short-term housing prices to some extent. Obviously, this and the central The tone is uncoordinated and uncoordinated, but the effect of the interview, no one can be sure, the water skin is worried about the counterproductive, the formation of the price limit and the opposite of the regulation of the expectations, resulting in irrational panic buying.

The price "dual track system" is a special means in the special period and specific stage of China's marketization process. It is a gradual strategy for breaking through the rigid system of the planned economy. The side effects are also obvious. The formation of arbitrage space is also the process of rent-seeking space formation. Corruption is accompanied by it. Today, 40 years of reform and opening up, the real estate market actually has two prices, the first-hand housing market and the second-hand housing market. This must not be progress but backward.

Expectations are mutually influential. “Is it difficult to find a house” to panic investors, will developers be quiet? Statistics show that the growth rate of investment in real estate development in the country is experiencing a huge rebound. From January to December 2017, this figure has dropped from the high point of 9.3% of the year to 7.0%, but in the January-March period of 2018, this figure is currently It is already 10.4%, of which the growth rate of residential investment is even larger, at 13.3%, while the relative figure is 6.9% at the end of 2016, the absolute investment is 1,02581 billion, the year of 2017 is 1,097.9 billion, and the year of January 2018 is 1,212.9 billion. Will the developer wear "red shoes" to the rhythm that can't stop and eventually the capital chain breaks?

Think carefully.

                (Editor: DF383)

you might be interested
  • News
  • stock
  • global
  • Hong Kong stocks
  • US stocks
  • futures
  • Foreign exchange
  • life
    click to see more
    No more recommendations
    • name
    • Latest price
    • Quote change
    • Hand turnover rate
    • Capital inflow
    Please download Oriental Fortune products to view real-time quotes and more data.
    Click ranking
    Solemnly declare:Oriental Fortune.com publishes this information in order to disseminate more information and has nothing to do with the position of this website. Oriental Fortune Network does not guarantee the accuracy, authenticity, completeness, validity, timeliness, originality, etc. of all or part of this information (including but not limited to text, data and graphics). The relevant information has not been confirmed by this website, and does not constitute any investment advice for you. According to this operation, the risk is at your own risk.