Strict investigation of speculative real estate is the top priority of this year's property market regulation
Fan Dayu
The Central Economic Work Conference held at the end of last year identified a number of key tasks to be tackled this year, including solving prominent housing problems in big cities.
The meeting pointed out that housing issues are related to people's livelihood and well-being.
We must adhere to the positioning that houses are used for living, not for speculation, take measures to local conditions and adopt multiple strategies simultaneously to promote the stable and healthy development of the real estate market.
We must attach great importance to the construction of affordable rental housing, speed up the improvement of long-term rental housing policies, gradually make rent-and-purchase housing have equal rights in enjoying public services, and standardize the development of the long-term rental housing market.
According to recent media reports, during the Spring Festival holiday of 2021, the property market will show obvious geographical differentiation. The property market in third- and fourth-tier cities is cold, while the sales offices of new houses in first-tier cities are “not closed” and second-hand houses are normal. Beijing, Guangzhou, Shenzhen During the Spring Festival, sales reached a three-year high.
The "blowout" reported by some media mainly refers to the hot transactions in individual hot spots in first-tier cities, and does not represent the current overall status of the real estate market in first-tier cities.
Recently, the off-season property market in Beijing, Guangzhou and other cities is not low, which is reasonable.
Different from the previous Spring Festival, the property market in the Spring Festival of the Year of the Ox benefited from the "Chinese New Year in situ", and the real estate market in many hot cities was therefore more enthusiastic than the same period in previous years.
Statistics show that the volume of transactions in 30 key cities during the Spring Festival week increased by 133% year-on-year, and the increase was 34% compared with the same period in 2019.
There are also data showing that the cumulative trading volume during the Spring Festival in hot cities such as Beijing and Guangzhou hit a three-year high.
Recently released a series of consumption data during the Lunar New Year holiday of the Year of the Ox has attracted attention, whether it is the number of express packages, the total real-time box office of Spring Festival movies, or the sales of key retail and catering companies in the country, they all set records.
The popularity of other consumption data during the Spring Festival holiday can be seen as a manifestation of the surging social vitality. Only some of the sales data of the “blowout” of the property market make people feel hidden worries.
In fact, on the eve of the Spring Festival, the supervisory authorities of first-tier cities such as Beijing and Shanghai have issued multiple documents requesting strict inspections of illegal funds entering the property market to prevent signs of local volume and price increases.
The inspection found that some cities had illegal inflows of business loans and consumer loans into the property market.
For example, a buyer registered a new company in 2020. The buyer later signed a second-hand house in a key school district in the district. In the following months, the buyer applied for several million yuan from two banks. Operating loan.
In addition, there are also home buyers who are unable to "cash up" the down payment, and apply for personal consumption loans or small and micro enterprise housing loan business loans through "fake flow" and other methods to collect enough down payment funds for the purchase of houses.
During the Spring Festival holiday of the Year of the Ox, the property market in some cities "blows out". Whether there is a problem of illegal capital inflow is still unknown.
However, related risks require a high degree of vigilance, strict verification must be performed, and business loans must be resolutely prevented from flowing into the property market.
Last year, as my country’s epidemic prevention and control achieved important phased results, the real estate sales market quickly recovered from a "frozen" state, and some cities even experienced a deep "V" reversal. For a time, "crowdfunding to fight new" and "ten thousand people rob houses" appeared. Wait for abnormal phenomena.
After that, a new round of real estate regulation overweight appeared in many parts of the country, and regulation measures were continuously introduced. Only then did the housing market in hot cities gradually cool down.
At the beginning of the Year of the Ox, the real estate market will never allow any form of speculation or speculation, and once again seize the opportunity to take the opportunity to take targeted control measures quickly to ensure the stability of the property market.
Strictly investigating all types of speculative real estate transactions is the top priority of the property market this year.
The Central Economic Work Conference held at the end of last year identified a number of key tasks to be tackled this year, including solving prominent housing problems in big cities.
The meeting pointed out that housing issues are related to people's livelihood and well-being.
We must adhere to the positioning that houses are used for living, not for speculation, take measures to local conditions and adopt multiple strategies simultaneously to promote the stable and healthy development of the real estate market.
We must attach great importance to the construction of affordable rental housing, speed up the improvement of long-term rental housing policies, gradually make rent-and-purchase housing have equal rights in enjoying public services, and standardize the development of the long-term rental housing market.
The stable and healthy development of the real estate market is inseparable from the positioning of "housing and not speculating".
The property market has noticeably warmed up and even rebounded sharply again, which will inevitably bring more people's livelihood problems, and will inevitably accumulate and increase financial risks.
In the face of possible “undercurrents” in the property market, all localities should aim to stabilize land prices, house prices, and expectations, and adopt more effective and effective precise measures to consolidate the results of property market regulation and ensure the stable and healthy development of the market.