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    Two Or Three Line Cities Circumvent The "Restriction Order" &Nbsp; Surface Price Limits Secretly Contradict.

    2011/8/22 8:56:00 37

    Two Or Three Line City Restriction Order Price Limit

    According to the notice issued by the Ministry of housing and construction, the provinces will report on the real estate market regulation in the first half of each year before August 20th.

    In addition, the Housing Department announced new housing

    Home purchase restrictions

    The 5 recommendations of the city, which are in compliance with more than 2 criteria, can be included in the new list of restricted cities.


    Industry analysts believe that if the restriction order "expansion", the recent rise in house prices, with Qinhuangdao, Dandong, Luoyang as the representative of a number of two or three line cities are expected to be on the list.

    However, as far as reality is concerned, pressure is everywhere.

    Although the "deadline" has passed in August 20th, it is still hard to predict when the new purchase order will arrive.


    Circumvent "new restriction order"


    In order to circumvent the restriction order, some two or three line cities have taken a lot of thought.

    Li Xin, a staff member of the Residential Construction Committee of a famous Southern three line city, told the China Securities Journal reporter: "in fact, we have long heard that the purchase order should be extended to the wind of the two or three line city, but it has been delayed.

    However, we have reported in advance, in fact, the price of our city is not high, and there is no real estate bubble. There is no need for restriction at all.


    According to the National Statistics Bureau's monthly 70 large and medium cities housing

    Sale

    Price change data and other research institutions' monitoring, the China Securities Journal reporter found that it is precisely the so-called "three cities" that are not high in housing prices. Its housing prices this year have been "leading" several times in the forefront of the national housing price increase list.


    Li Xin also said that before being interviewed or interviewed by the Ministry of housing, there were a few cities that had "reported in advance".

    Insiders say that the overwhelming majority of the two or three tier cities are unwilling or even inconsistent with the implementation of the "restriction order".

    For example, before the Ministry of housing talked about 30 cities, only 10 cities interviewed successfully.

    Therefore, when the "new purchase order" was implemented, many people in the industry expressed great changes.


    The industry said, "in addition to secretly greeting the competent departments", the "limit order" is preemptive in the Ming Dynasty, so as to avoid the "new restriction order" which has smashed itself.

    It is understood that from the end of July to the beginning of August, a lot of two or three line cities were exerting their strength on the "price limit order". Many provinces such as Hebei, Shandong, Sichuan and so on also introduced or were planning to introduce the two or three city limit measures within their jurisdiction.


    It is understood that, in addition to the first to issue the "price limit order" in Langfang, Hebei, Shandong Yantai city in August 2nd issued the "further specification of commercial housing pre-sale price and contract filing management notice", the notice clearly pointed out that the average sales price of commercial housing should not exceed 5%.


    Under pressure


    Li Xin and many local people's housing construction committee members told reporters that the "new purchase order" should be extended to the two or three tier cities, not only the game between the local government and the Ministry of housing and other competent departments, but also the housing management, land, land tax, investment and other departments.


    Experts say that in reality, some two or three line cities are more resistant to the "new restriction order" because they are "kidnapped" by real estate.

    Li Xin also bluntly said, "not just us, it is estimated that more than 7 of the two or three cities across the country are boycotting the" new restriction order ". The reason is very simple: the income from land sales and the economic benefits from the real estate industry are the main sources of revenue for these cities.


    According to Li Xin, the income of land sold in his city now accounts for about 6 of the total revenue of the local government.

    Therefore, many local housing, land policies, and even housing projects need to be "ventilated" with several local real estate developers.

    "If our city is really unfortunate enough to be restricted, the blow can be fatal."


    A management of real estate development enterprises with a background of central enterprises said that once some two or three line cities were required to implement the restriction order, the pace of Housing enterprises in these cities will surely slow down.

    "As if pferring from the first tier cities to the second tier cities, the core of the business is economic interests.

    If you don't go to second tier cities, you can go to three or even four line cities that are not restricted.


    Some experts believe that if some two or three line cities are restricted, besides the GDP growth, employment pressure and financial revenue, the debt repayment pressure of the local government's financing platform will also increase sharply this year.


    The industry is expected to be released before the end of August.


    As for

    housing price

    In the end, whether the purchase order is needed or not, perhaps local residents have the most say.

    The China Securities Journal reporter interviewed several ordinary citizens in Li Xin's three line city.

    They all said that most of the property in the city was bought by outsiders because of its small population.

    And with the influx of real estate funds, the economic development level is only three lines of the city's housing prices, in recent years, direct to Tianjin, Hangzhou and other quasi tier cities.

    "If we are not subsidized or subsidized, the local people will simply not be able to afford a house only on the basis of our local wage level.

    We really hope that we can implement the purchase order, maybe our house prices will be cheaper.


    Yao Jingyuan, the former chief economist of the National Bureau of statistics, thinks that from the current situation of the first tier cities, the speculation of hot money is the "culprit" of soaring housing prices everywhere. Although the current real estate regulation policy has achieved results, it has begun to enter a quiet period of "stable price decline", but the irrational factors represented by idle funds in the market are still restless. Therefore, we must continue to implement the restriction measures as a "fence" against the idle capital.


    Zhang Dawei, director of Beijing Zhongyuan Real Estate Market Research, said that although there is no clear index standard at present, the prices of most two or three line cities in the country have increased significantly compared with the same period last year, and at least 30 cities are expected to be included in the restriction.


    Chain home real estate also believes that the "new purchase order" will delineate 30 to 35 two or three line cities.

    According to the estimation analysis of chain real estate, 14 cities, such as Qinhuangdao, Harbin, Weifang, Weihai, Liuzhou, Yantai, Yangzhou, Dongguan, Zhuhai, Yichang, Yichang, Yichang, Guilin, and so on, have met more than two purchase standards.


    Zhang Dawei believes that in order to deal with the upcoming property market "golden nine silver ten", the "new purchase order" should be released before the end of August.

    As far as the current situation is concerned, the price bubbles in the first tier cities such as the north, Guangzhou and Shenzhen have begun to have "crowding out effect". However, the rising trend of housing prices in the two or three tier cities is likely to be counterproductive to the first tier cities, and even affect the real estate regulation effect in the first tier cities.

    "I think regulation in September, October and November is critical."


     
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