Lion City pulse
The crown disease epidemic has been delayed for three years. Due to the extension of the project, the needs of many house buyers have also been pressed, and the market conditions of the resale group house have also been high. In the past three years, the price of local houses has skyrocketed, and the increase in rent has also increased.Recently, the discussion of the "affordable and affordable public housing" has also gradually heated up.
First of all, I think I should clarify my thinking, that is, whether the price of Singapore's housing house soaring is true, and what are the real reasons.
Here, first illustrate with a more intuitive example.My family is currently purchased in the summer of 2010 in the Hiroshima House. It can be seen that the valuation data of this house can be seen that the price has been around 170,000 yuan around 2006.Due to the introduction of immigration policies and housing construction lag, there are other important reasons that will be mentioned later, which has risen house prices.By the third quarter of 2013, the valuation of this house had reached 399,000 yuan.In other words, in the short seven years from 2006 to 2013, the price has doubled.
Although the People's Action Party won the election during the 2011 election, only about 60 % of the support rate, one of the important reasons for the decline in public support, is that immigration policies and closely related housing prices have soared.During the election, Premier Li Xianlong admitted that although in the long run, Singapore's house prices will not get up fast, but in the short term, it does not control well in the short term.Therefore, the government has regulated house prices through a series of measures such as launching land, aggravating sellers, increasing sellers, increasing sellers, increasing down payment, and tightening housing loans.
Of course, these measures have the lag of policy implementation, because the government does not have the right to pricing, and can only affect the price of public housing through indirect means.Therefore, taking my house as an example, after reaching the peak in 2013, it has fallen all the way. Until the first quarter of 2020, the valuation was 294,000 yuan.In other words, in the seven years, the price of this house fell more than 100,000 yuan.However, when house prices rose, all people paid attention, and when house prices fell, the whole society was silent.Now many people who complain about house prices have risen too fast in the past three years, but they have not longer the scale of history, because if it has been calculated since 2013, at least 10 years ago, at least the price of my house is completely the same.
My home is not a special case. From the HDB index of the Singapore Real Estate Joint Transaction Network, it can be seen that 2006 was around 70, and it rose to 153 around 2013; it has been 133 until June 2020, until now it is more than 170.In other words, to a large extent, one of the important reasons for the rapid rise in Singapore's house prices for three years, one of which is easy to be ignored was the rebound of the long period of long housing prices after the seven years after 2013.In short, Singapore's house prices have been overall from the past half century, but it is not always up. After the flat or even falls, it will rise rapidly in the short term, which is also a continuous law.
In addition, the epidemic control has caused the international hot money brought by immigrants from some countries and the inflow of international financial capital, which has caused Singapore, the international financial hub, and under the relatively loose capital control policy, spillover effects have occurred.To put it simply, the international wealthy people come to Singapore to buy and buy, which also objectively increases local rent and house prices.
Another important factor that should not be ignored is that the rise in overall prices also objectively promotes the rise in local house prices.In the past three years, the local owners are most concerned about the rise in prices.For us, we can buy 1.8 yuan of eggs of 1.8 yuan for wet Bagar, and now it is basically three yuan.I used to eat a miscellaneous rice meal at noon, and now it is basically five yuan.Price is expensive, how can the house prices of important assets be alone?
Of course, the group house should not be too expensive on the one hand, because it is an important part of the Singaporean national policy: those who have a constant producer Fang Heng, this is the key to the national cohesion.However, Singapore's economy has been growing at a high speed. As a country with real estate as most citizens, it can increase real estate with the economic growth of the country, and it is more in line with the interests of most citizens.
In other words, the price of a house is too low. Those who want to upgrade to buy apartments and local houses will be more difficult. In the future, if you want to relegate to the difference in the old age, it will be much more difficult.Therefore, on the one hand, it is necessary to keep housing prices in the acceptable range of ordinary people, and to allow them to increase their value slowly, which is the most in line with the long -term interests of the people.
As for millions of houses, although it can be anchored as an anchoring indicator, at least for those with low and medium income, it is relatively far away.What we are more concerned about is not how expensive the luxury homes are, but whether the poor also have places to live in; in addition, we should pay attention to how the government controls the use of house arbitrage.Because the former is related to the foundation of the national policy, the latter completely deviates from the original intention of the housing policy.
The author is a literary and historical worker, religious researcher