The New Round Of Property Market Regulation Or Locking Price &Nbsp; The Definition Of Windfall Profits Is The Biggest Difficulty.

Reserve ammunition "loading", another round of real estate regulation and control is coming.

In April 27th, the national development and Reform Commission

Reporters learned that the development and Reform Commission has begun to investigate the real estate market's costs, profits and prices.

It can be predicted that the "reserve policy", which has been mentioned by the ministries and commissions constantly, will be more targeted.

The results of the real estate inspection of the State Council have nearly ended, and the "51" window of the booming property market is approaching. More and more stringent real estate regulation policies are about to enter the announcement stage.

"The NDRC is studying the implementation of anti profits regulations in the field of commodity housing, so that the price of commercial housing can be maintained at a reasonable level."

Xu Kunlin, director of the price supervision and inspection division of the national development and Reform Commission, said yesterday.

However, the question of whether or not this year can be implemented, he said, is still in the research stage.

Development and Reform Commission

Since May 1st, the NDRC issued the "Regulations on the sale of commercial housing prices" will be formally implemented.

In this regard, Xu Kunlin said that after the implementation of the regulations, the government will continue to introduce a series of policies and measures to regulate the real estate industry's price behavior.

In this regard, the implementation of the anti profits law is one of the most important measures.

According to the provisions of the Interim Provisions on the suppression of profiteering in China, the price department of the State Council may put it in a bid to curb the profiteering of goods and services that have a significant impact on the national economy and social development and closely related to the lives of residents.

A person close to the NDRC told reporters that commercial housing is likely to become the first penalty item after the promulgation of the Ordinance because there has not yet been any penalty for goods or services being enforced.

He also revealed that at present, the NDRC is conducting research on the cost, profit and price of the real estate market. It intends to take into account the actual situation of China's real estate development and the way abroad can draw lessons from it, and put the commodity housing in the scheme of stopping profiteering profits, and severely crack down on illegal real estate developers' profiteering behavior.

"Profiteering" is defined as the biggest difficulty.

The reporter consulted the Interim Provisions on the suppression of profiteering promulgated in 1995, in which the determination of commodity price standard is that the price level, profit rate and spread rate should not exceed the reasonable range of the same area, the same period, the same grade and the same commodity market average.

In case of violation of the regulations, the punishment method shall be "ordered by the price supervision and inspection institution to make corrections. If it refuses to correct, it shall be warned and confiscated of the illegal gains, and may also impose a fine of not more than 5 times the illegal income."

It is such an administrative rule that aroused strong reaction yesterday.

The industry believes that the definition of profiteering will be the biggest difficulty in implementing the policy.

"Before the behavior of profiteering and increasing prices of all kinds of commodities, the NDRC took various forms of interviews and penalties, mostly based on the relevant provisions of the" price law ", and has not yet heard that special commodities or services have been identified as" Interim Provisions for the suppression of profiteering ".

Peking University, a price law expert told reporters that the state will consider the application of commercial housing into the project, indicating the central government's firm determination to regulate the real estate market.

But he also reminded us that the operability of the average price of commercial housing and the profit margin of developers is questionable.

Xue Jianxiong, an analyst with China real estate information group, further pointed out that the definition of profiteering will be the biggest difficulty in implementing the policy.

"At present, even the land value-added tax that directly aims at the profit of Housing enterprises can not be levied in real terms. It is mostly a pre requisition way.

The reason is that the difficulty of statistics and calculation is too great.

It is understood that in Shanghai and other cities, the land value-added tax is levied on the basis of the percentage of the total sales price, ranging from 1% to 5%.

"If the finance is not perfect, the real profits of developers will be hard to understand."

Xue Jianxiong said.

Adjustment and determination will not waver.

However, no matter what problems exist in technology, the market is more concerned about the macro policy trend behind the news.

Statistics released by the national statistical office this month on 70 real estate prices in large and medium-sized cities show that in March, the housing prices in China decreased and the number of cities in the flat increased slightly. However, more urban housing prices were still rising, but the growth rate was somewhat lower.

This shows that there is no fundamental change in the situation of excessive housing prices and rising too fast in some cities.

In late April, the central authorities sent to the local market regulation and inspection teams to return to Beijing.

The news came out from various channels. Because of the different regulatory effects, central policy-makers are planning more policies to resolutely carry out this round of regulation and control goals.

"We hope that through the continuous improvement of the real estate price policy, there will be no fraud and no profiteering in the real estate sector."

A NDRC official said in an interview with the media.