Beware of the ups and downs of the property market
In August, Yueyang, Hunan, issued the first property market "drop limit order" this year.
Recently, Zhuzhou, Jiangyin and other places have stated that they have strengthened control over behaviors such as substantial low-price sales and price wars by real estate companies.
The introduction of fall-limit measures is an obvious manifestation of the current real estate market differentiation.
For a period of time, while housing prices in many cities have risen too fast, some third- and fourth-tier cities and counties have experienced a strong downward impulse due to excessive housing supply.
The more direct reason is that the real estate companies are under increasing pressure to withdraw funds, hoping to return the funds as soon as possible through discounts and promotions.
It should be noted that to promote the healthy development of the real estate market, stability is the main theme. A big increase is not a stability, and a big drop is not a stability.
People are more and more aware that the rapid increase in housing prices in hot cities will bring financial risks. It should also be noted that if housing prices fall too quickly in other cities, it will also bring great risks to the property market.
When the price of one real estate is reduced, the prices of others are also reduced, causing mutual "stomping"; some speculators defaulting on the contract may affect financial stability.
In order to avoid vicious competition and drastically low-price sales by real estate companies, the introduction of measures to limit declines does not mean that house prices cannot be lowered.
It is normal for house prices to rise or fall within a certain range. The key is to prevent some markets from falling too fast and sharply.
Stability is the ideal state of the real estate market. The real estate market must not only suppress the real estate bubble, but also prevent big ups and downs.
Kang Shu