Beijing insists on "housing and not speculating"

  News from our newspaper (Reporter Zhao Yingying) After the three departments jointly interviewed the self-media leader, the relevant departments of this city have recently reiterated their determination to insist on "housing and not speculating". The capital real estate market will never allow any form of speculation and speculation. Hype, if there are signs of local volume and price increases, targeted control measures will be taken quickly to ensure market stability.

  On the afternoon of the 9th, the Municipal Real Estate Market Joint Special Verification Working Group carried out a special inspection of business loan issuance and intermediary activities on some banking institutions, as well as the headquarters or stores of brokerage agencies such as Lianjia, I Love My Home, and Zhongyuan Real Estate, focusing on the verification of Xicheng Financial Street, In Germany, Haidian Wanliu, Zhongguancun and other hot spots, through cross-comparison, we found clues about intermediaries' participation in loan assistance activities, fictitious operating contracts, and the closeness of the time when the operating loan company was established to the time when the mortgaged house was purchased.

Based on the clues and collected materials, all departments will conduct a penetrating review of the flow of funds, and sort out the path and process of illegal business loans flowing into the real estate market.

Whether it is a financial institution, a loan assistance institution or a real estate brokerage institution, the entities that violate the regulations will be severely punished in accordance with the law.

  On the 3rd, the Municipal Housing and Urban-rural Development Committee, the Municipal Internet Information Office, and the Beijing Banking and Insurance Regulatory Bureau also jointly held an interview meeting with five self-media organizations including Beijing Datudou, Mizhai Beijing, Beijing Dajiazui, Suwon Shikou, and Fanzongxuanfang. Conduct intensive interviews and require public account producers and operators to insist on "no speculation in housing" when publishing articles related to the real estate market, and not to create panic when buying houses.

  Severely cracking down on malicious speculation and illegal funds entering the property market is the top priority for Beijing to rectify the order of the real estate market this year.

Previously, in response to the phenomenon that individual communities have seen signs of house price rises and were maliciously speculated by some intermediaries or from the media, the Municipal and District Housing and Urban-Rural Development Commission and the Municipal Real Estate Intermediary Industry Association have repeatedly interviewed the principals of major brokerage agencies in Beijing. All brokerage agencies and practitioners are required to strictly abide by relevant laws and regulations, strictly implement the regulation requirements of “no speculation in housing and housing”, do not exaggerate or speculate on housing transaction information, must not inspire and guide sellers to increase quotations at will, and do not use WeChat Moments or We-media channels Publish articles that create panic when buying a house, and must not participate in any illegal real estate financial activities such as "business loans", "down payment loans" and "consumer loans".

  The reporter was informed that the Ministry of Housing and Urban-Rural Development recently visited Beijing to investigate and discuss real estate regulation and control. It affirmed that Beijing has always attached great importance to real estate regulation and that the market has been generally stable in recent years. It also urged Beijing to begin the "14th Five-Year Plan" period. In 2015, we took the lead in implementing the decisions and deployments of the Party Central Committee and the State Council, insisting on “no speculation in housing and housing”, with the goal of stabilizing land prices, housing prices, and expectations, and taking more effective and effective measures to consolidate the momentum of stability and ensure the stable and healthy development of the market.