31/7/2017-8

Adverse property market innovation high

Last Friday, many people have the heart of the eyes of the Central Plains Index is able to rebound or even high, if the new high, then, even in most days in July have thunderstorm warning, but still “sunny days”, when everyone Focus on the Central Plains Index, the Housing Bureau came out to make trouble, announced in the next 3 to 4 years of potential supply from 9.6 million to 9.8 million units of residential units, and a new high, the original supply too much, so Property prices will be adjusted downward.

However, the Air China property market analysts said that even if the supply is sufficient, but still unable to stop the domestic and local strong demand, property prices will continue to rise, the Central Plains index and then rebounded, although not yet high, but as long as the increase, Next week will be able to record high, which can confirm their analysis, in fact, analysts did not say the most critical issue is that the potential supply point will be a new high.

Tail up to push up the potential supply

I will not even believe that the Government will not be able to prevent the potential supply from reaching a new level. When the Government indicated that the potential supply was increased from 94 000 to 96 000 residential units three months ago, it was already a new high , And now announced from 96,000 to 98,000, continue to record high.

I think this is a siren, because the new supply is not the government planning out, but the present floor unit, that is, when the new real estate occupation, the real estate business there are a lot of residential units can not be sold, or Some people think that this is the real supply, the Housing Bureau may be wrong, I think the words are correct, because the real estate business has the ability to hold, if they do not want to sell those newly built units, no one can force them, so those goods Tail units can only be summarized as a potential supply, if the demand is strong, there should not be a large number of tail units, the potential supply will not be high.

The government on the real estate business can be said to be righteousness to buy second – hand floor to pay at least 50% of the first phase, but also through the stress test, the new building only need to pay one and a half free stress test, second – hand land owners to buy another residential unit , It is necessary to sell the unit that has been held, even if the owner of the second floor is holding capacity, otherwise it will pay 15% of the new property price as a stamp duty, which can be said to punish the vacant tax because the newly bought property Is higher than the residential units have been held, if the buyer is moved into a new building to live, vacant is the old units, up to the old units can only levy vacant tax, but there is no vacant tax on the new building, Businessmen can hold those newly built units indefinitely, but things are not necessarily, if the government concerned about the high number of real estate mortgages, will weaken the purchasing power of the new building, the potential supply will increase.

The government is limited to the real estate business

If the government to see the end of the unit to increase, and finally forced to introduce vacant tax, then, real estate developers will cut prices, and now is a good time to sell new buildings, if you do not seize the opportunity, the Government introduced any policy will be on the real estate business Unfavorable, the potential supply of new high not only for the property market, but also a warning to the real estate business.