Restructuring home first-class plate Lee property market

The government proposed that Hong Kong people first get on the car to help a new generation to get on the car. Property agency director of CITIC Pacific Guan Jie Ying that the first car on the plan to re-build the home ladder, a good policy.

Advocate government wide mortgage help exchange floor into the city

Mr Kwan said that the first onboard plate proposed by the government could help those who could not afford to buy property in the private market to get on the bus so that they could succeed in their home purchase. The pilot program only provides about a thousand partners, together with the plan to launch it takes some time, the material has little effect on the market. As for the public-private partnership program, she said that there are also many examples of public-private partnerships abroad that can be used as a reference and do not exclude opportunities for cooperation and development with the government.

She said it is quite difficult for young people to get on the bus because of the current high property prices. She said young people should not be afraid of “execution” when they are most important. They should not buy or buy anything else. If the current market is going to take a very big risk and go beyond its economic ability, it may be tempting to delay its entry into the market. “If there are many options for renting flats, the market must be cautious in its decision to enter the market.”

At present, the market turnover is mainly concentrated in the primary market, and the secondary market transactions are relatively quiet. Guan Jieying refers to the current market threshold is too high, first-hand developers to provide buyers with a higher number of mortgages, help not enough first-time buyers on board the purchase of property, natural to attract buyers, but refers to the most important calculation before entering the market clearly The repayment ability and risk, prudent into the market. She suggested that the government should ease the mortgage and make the redemption of property heavy to the market, prompting the secondary market to return to normal trading levels.