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The Second Round Of Regulation Of The Property Market Is Effective.

2010/10/9 8:46:00 28

Property Market Controls Beijing Decline

When the housing market is heating up, the Chinese government is playing again on the eve of the National Day holiday.

Market regulation

The "combination of boxing" has brought the grand occasion of queuing up to a halt.

"Eleven" golden week, the new listing of Beijing property market encountered unexpected cool scenes, buyers once again fell into a deep wait-and-see period, people expect housing prices to drop significantly.


This year's second round of regulation is the most severe, including the minimum down payment of 30%, the lowest 50% of two suites, and the suspension of three suite loans.

Among them, the down payment from the original 20% to 30%, has great impact on bank loan buyers.

In Beijing nearly 2 million yuan of housing prices, if the increase of 10% Shoufu need to pay more than 200 thousand yuan, which is not a small number of most property buyers, some rigid demand also have to suspend the purchase.


In April, the government implemented the first round of property market regulation this year, making the market performance bleak.

Depressed developers for more than four months, wanted to seize the commanding heights of the market during the national day, they have launched a large number of new housing sources in late September, Beijing has more than 30 commodity housing projects, more than 8000 housing centralized listing, and most of them are low-priced market.


The purpose of the developers to concentrate on the new market is very clear, that is to win the last three months of this year.

However, the new regulatory policy has poured cold water on the developers, and the second wave of wait and see has rapidly formed, and volume has been brakes.


During the National Day holiday,

Beijing

The property market has seen a bleak picture after regulation.

According to the latest statistics, in from October 1st to 6th, the total number of new commercial housing signed in Beijing was 782 sets, 3939 sets of 6 days before the national day.

Decline

More than 80%.


Wait-and-see sentiment has also spread to the second-hand housing market.

In the first 6 days of October, the total number of second-hand housing signs in Beijing was 138 sets, a decrease of 97% compared with 5351 sets in the 6 days before the national day, and a decrease of more than 94% compared with the same period in September.

This regulation is even worse than the "May 1" holiday after the first round of the new deal, which has set a new low to date.


To curb the soaring housing prices and curb speculative demand, the effect of the government's macro-control measures is gradually emerging.

If the government fails to smash the developers' dream of "silver ten" in time, will developers face the prospect of a big rebound in the next few months?


China's real estate's most influential independent critic, "the situation is going to be terrible."

He believes that a large number of ordinary buyers will borrow money from several generations to pay a down payment for a house. They will no longer believe what the government can do to curb housing prices. Houses always have to stay and buy late rather than buy. Therefore, a down payment will also be made if they lose their fortune.

This has led to the general psychology of the market, which is not enough for China to rebuild and how much housing prices will continue to rise.


According to the watchers, the Chinese government's "combination boxing" in regulating the property market is timely and accurate, and will boost the healthy development of real estate.

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