(Economic Observation) Shanghai, Shenzhen, Hangzhou and other cities have intensively tightened the property market nearly a hundred times during the year.

  China News Service, Beijing, March 5th. Title: Shanghai, Shenzhen, Hangzhou and other cities have intensively tightened the property market nearly a hundred times during the year.

  China News Agency reporter Pang Wuji

  In the first week of March, the real estate market in Hangzhou, Shanghai, Beijing, Shenzhen and other cities reappeared a wave of intensive regulation and tightening, and the real estate market policies in some cities continued to increase.

In the first four days of March, more than 10 real estate-related policies or information were released, and it is not uncommon for many cities to issue new housing market policies within one day.

Data map: real estate.

Photo by China News Agency reporter Zhang Bin

Hot cities "get together" regulation

  On March 3, Hangzhou City issued a new policy for the regulation of the property market, emphasizing on preventing business loans and consumer loans from illegally flowing into the real estate market, and including foreclosed housing purchase restrictions.

This is Hangzhou's "fist" on the property market again after the upgrade of the property market regulation on January 27.

  On the same day, Shanghai again “patched” the property market, and the local New Deal proposed measures to limit the sale of newly-built commercial houses purchased under the priority purchase policy for five years and strengthen the management of residential land supply.

This is also the seventh time that Shanghai has "hands-on" the property market this year.

  Shenzhen Municipal Planning and Natural Resources Bureau also announced on the 3rd that it intends to dynamically revise part of the "Shenzhen City Planning Standards and Guidelines". After the revision, Shenzhen's newly built commercial apartments may become history.

  Also on the 3rd: Ni Hong, deputy minister of the Ministry of Housing and Urban-Rural Development, recently led a team to Hangzhou City, Zhejiang Province and Wuxi City, Jiangsu Province to investigate and supervise the steady and healthy development of the real estate market.

Prior to this, Ni Hong has successively visited Shanghai, Shenzhen, Beijing and other places to investigate and supervise the real estate market.

  In addition, Beijing, Wuxi, Haikou and other cities have also recently released real estate-related policies.

According to statistics from the Central Plains Real Estate Market Research Department, since this year, various real estate-related regulation and information releases have been issued nearly a hundred times across China.

"Digen" is now a major policy adjustment

  While local governments are implementing policies for different cities, major urban land markets are also undergoing major changes: "Residential land can only be supplied three times a year at most."

  Recently, Tianjin, Zhengzhou, Qingdao, Nanjing, Jinan, Fuzhou and other cities have successively revealed plans to implement centralized supply of residential land.

For example, Qingdao City proposed that in 2021, the “two centralizations” of residential land will be strictly implemented for simultaneous public transfer, that is, the transfer announcement will be issued in a centralized manner, and the transfer activities will be organized. Implement bidding, auction and listing activities.

  The head of the Department of Natural Resources Development and Utilization of the Ministry of Natural Resources also stated recently that key cities are required to continue to increase the supply of residential land this year. Residential land transfer information is reasonably concentrated, and key cities should centrally announce and centrally supply residential land.

  Cao Jingjing, research director of the Index Division of the China Index Research Institute, pointed out that if the land supply situation is calculated in 2020, after the implementation of the centralized land transfer policy, Shanghai, Hangzhou, Nanjing, Wuhan, Qingdao and other cities will provide more than 40 single centralized land supply.

Launching a large amount of land at one time will divert funds from real estate companies, objectively drive the land market premium rate downward, and cool the land market.

After the centralized supply of land, new residential projects will be introduced into the market in the next 1-2 years, effectively reducing the phenomenon of "sweeping" caused by the contradiction between supply and demand.

Heavy policy or play a linkage effect

  Yan Yuejin, research director of the Think Tank Center of the E-House Research Institute, believes that the recent adjustments in the local auction policy will gradually form a long-term regulation of the real estate market along with the "three red lines" of real estate financing and the housing loan concentration policy.

  Since last year, it can be clearly seen that China's real estate policy has maintained considerable continuity and stability. In addition to short-term control policies such as purchase restrictions, loan restrictions, and price restrictions, more and more mid- and long-term policies in the real estate industry have begun to exert force.

"Money roots" and "di roots" are the two "lifebloods" of the property market, and are also regarded as an important part of the long-term mechanism.

This year, both of them have undergone major policy adjustments, and land and finance have begun to become important ways to regulate the supply and demand of the property market.

In addition, officials have repeatedly mentioned vigorously developing the housing rental market and solving prominent housing problems in big cities.

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