Huang Tao, general manager of Guangzhou Zhongyuan Real Estate Project Department, said in an interview with Lianhe Zaobao that "20 epidemic prevention" superimposed "16 rescue" is a good news for the property market.However, it takes a while since the policy landing, and the overall property market will not be obvious until next year.
China Financial Supervision Department has issued 16 heavy measures to boost the weak property market from multiple levels such as financing enterprises financing, insured property, and personal loans.Analysis is optimistic that a new round of rescue policy accelerates the bottom of the property market. It is expected that real estate stocks will rise sharply this week.
The China Internet Sunday (November 13) circulated a notice on the current financial support of the stable and healthy development of the real estate market. Many media also quoted sources to confirm the authenticity of the document.According to the online pictures, this document released on November 11 is the settlement of the Bank of China and the CBRC.
The notification requires stable real estate development loans, treats state -owned and private housing enterprises equally, and encourages financial institutions and housing companies to independently negotiate and extend the principal and interest.For the existing financing of housing companies that have expired in the next six months, it can allow the exhibition period to exceed the original specified period of one year.
The real estate research institution in the middle finger research institute analyzes that the above measures will effectively alleviate the pressure on the repayment of real estate companies and the tight cash flow of housing companies, especially for private real estate companies that are not in danger.
In response to the "rotten tide of the rotten building" that broke out in the second half of the year, the notice also gives response measures, including supporting national development banks and agricultural development banks to issue special borrowings for "insured buildings", which is used to support the overdue difficult delivery.Residential projects are accelerated to the construction and delivery, and financial institutions are encouraged to provide new supporting financing support.
In terms of demand, regulators support the localities to make policies due to cities, and reasonably determine the proportion of local personal housing loan down payment and the lower limit of loan interest rate policy.For individuals who are hospitalized or lost due to the epidemic, encourage independent negotiation to delay the repayment of principal and interest, and protect the personal credit imposition rights and interests of extended loans.
Experts: the clearest and comprehensive real estate financial system route
Yan Yuejin, the research director of the Think Tank Center of the Easy House Research Institute, believes that these 16 measures are the systematic summary and setting of the new round of real estate finance work.The current property market will have a "positive and important" effect.
The traditional "Golden Nine -Silver Ten" traditional property market has just bought the Chinese property market.According to data released by the Middle Finger Research Institute on November 1st, the prices of new houses in 100 cities across the country fell for four consecutive months, and second -hand housing prices fell for six consecutive months.Chinese media sorted out and found that among the 30 real estate companies that have disclosed in the third quarter, over 60 % of net profit declined, and nearly half of the real estate companies were in a net loss state.
However, real estate stocks ushered in two rounds last week.First, the China Banking Market Dealers Association issued a new policy on Tuesday (8th) to clearly support private real estate enterprises through debt financing; Chinese official on Friday (11th) announced a significant relaxation of epidemic prevention policies and further boosting market confidence.
Huang Tao, general manager of Guangzhou Central Plains Real Estate Project Department, pointed out in an interview with Lianhe Morning Post that "20 epidemic prevention" superimposed "16" of "rescue markets" is a good news for the property market. It is expected that real estate stocks will rise again this week.However, it takes a while since the policy landing, and the overall property market will not be obvious until next year.
Huang Tao said that the fundamental reason for the weak property market this year is that the overall economic downturn has led to a decline in the purchasing power of residents."Relaxing policy can help alleviate the crisis of housing enterprises' capital flow, but to boost buying, but also wait for the economic recovery and the income of public income. Therefore, don't say that the price is in the short term, not even the transaction volume will not rebound immediately. It is expectedIt takes three months or even half a year to be effective. "
