New Property Market Deal in 2018


Release time:

2018-04-10

A series of property market and economic policies, many of which were previously introduced, will be implemented on January 1, 2018. 1, rural collective land can be used as construction land policy content: the Ministry of Land and Housing jointly enlarge the recruit! Rural collective land can be used as construction land. Recently, the Ministry of Land and Resources and the Ministry of Housing and Urban-Rural Development jointly issued the ''Pilot Program for Using Collective Construction Land to Build Rental Housing, ''announcing that 13 cities: Beijing, Shanghai, Shenyang, Nanjing, Hangzhou, Hefei, Xiamen, Zhengzhou, Wuhan, Guangzhou, Foshan, Zhaoqing, Chengdu is included in the pilot! Interpretation: Rural collective land does not need to go through the national land acquisition link, and directly enters the market. Projects such as rental housing and shared holiday homes will receive rapid approval channels. At the same time, the cost of land will be significantly reduced, which will have a significant impact on stabilizing future rental prices and housing prices. Industry insiders said: "This means that the government to the community large-scale transfer of land dividends, which is very good news. At the same time, it means that a large number of low-cost land into the market, and thus low-cost housing, to curb high prices, high rents will have a role." 2. How far is the real estate tax from us? Policy content: "Improve the long-term mechanism to promote the stable and healthy development of the real estate market", from last year's accelerated research and establishment, to the current improvement and promotion, you can clearly feel the acceleration of the progress of the long-term mechanism. In particular, the real estate tax is getting louder and louder. On December 20, 2017, the Minister of Finance published "Accelerating the Establishment of a Modern Financial System" in the People's Daily. The article stated: In accordance with the principle of "legislation first, full authorization, and step-by-step advancement", the legislation and implementation of real estate tax will be promoted. Real estate taxes are levied on industrial and commercial real estate and individual housing in accordance with the assessed value, the tax burden on construction and transaction links is appropriately reduced, and a modern real estate tax system is gradually established. Interpretation: the collection of real estate tax can not be achieved overnight, there are online rumors that 2018 is likely to formally enter the legislative process of the National people's Congress. But industry insiders said, "is not optimistic about the implementation of the real estate tax, because the current domestic multi-suite source concentrated in the hands of a few people, once the real estate tax is implemented, there will be a large number of second-hand housing dumped into the market, which is likely to affect the normal urban development planning. And the tax is set low meaningless, set high may appear the above problems". 3, the future speculation is not as good as the landlord? Policy content: the Central Economic Work Conference mentioned, "accelerate the establishment of multi-subject supply, multi-channel security, rent and purchase of housing system. To develop the housing rental market, especially long-term leasing, to protect the legitimate rights and interests of leasing stakeholders, support the development of specialized, institutionalized housing rental enterprises." A variety of new supply models have increased their entry, especially in the field of long-term rental apartments and financial innovation. A variety of rental models will make the rental market in 2018 blossom. On December 20, 2017, Guangdong Branch of China Construction Bank announced that in order to develop both rent and purchase and realize housing, the bank will launch deposit and mortgage business to improve the liquidity of rental housing. The landlord holding the rental house can sell his rental right to CCB, and then CCB will pay all the rent at one time. For example, the five-year rent is 500000, which will be paid to the landlord at one time. Interpretation: It is a fact and inevitable that the long-term rental apartment industry will usher in a tuyere period. Benchmark real estate enterprises, first-and second-hand housing intermediaries, chain hotels and start-up companies have gathered in this market, and the state-owned enterprises of the national team do not show weakness. However, not everyone can handle and operate long-term rental apartments, and no one can say whether the rental market space is as large as imagined. Industry insiders said that the Guangzhou case is only an extension of the bank's credit business. It is a disguised way of lending housing loans, "rent against housing loans". This kind of policy is more applicable to the mode of bulk home ownership of companies and enterprises. 4. The future credit situation will change dramatically Policy content: At a financial summit on December 5, 2017, Sun Guofeng, director of the Financial Research Institute of the People's Bank of China, has clearly expressed his warning of a long-term low interest rate environment and suggestions for the normalization of monetary policy. Sun Guofeng said that if the central bank keeps interest rates low for a long time, it is easy to encourage risk-taking by banks. The central bank's monetary policy should curb the risk-taking behavior of banks, especially not to give the expectation that market interest rates will be low for a long time, so as to prevent the market from forcing the central bank through excessive risk-taking. Interpretation: as a research institution directly under the head office of the central bank, the main research direction of the Financial Research Institute of the people's Bank of China is monetary policy. Does their attitude now mean that great changes are about to take place in the future credit situation? Industry insiders said that at present, there are more and more financial institutions and many loan channels, and bankrupt banks raise deposit interest rates and loan interest rates. "after all, housing enterprises are currently a very large lender in China, and this is also a major measure to stabilize the property market. Later, the real estate market will be more standardized".

A series of property market and economic policies, many of which were previously introduced, will be implemented from January 1, 2018.

1, rural collective land can be used as construction land

policy content: Ministry of land and housing jointly enlarge the recruit! Rural collective land can be used as construction land.

Recently, the Ministry of Land and the Ministry of Housing and Urban-Rural Development jointly issued the ''Pilot Program for Using Collective Construction Land to Build Rental Housing, ''announcing that 13 cities: Beijing, Shanghai, Shenyang, Nanjing, Hangzhou, Hefei, Xiamen, Zhengzhou, Wuhan, Guangzhou, Foshan, Zhaoqing, Chengdu are included in the pilot!

Interpretation:

Rural collective land has entered the market directly without going through the national land acquisition process. Projects such as rental housing and shared holiday homes will receive fast approval channels. At the same time, the cost of land will be significantly reduced, which will have a significant impact on stabilizing future rental prices and housing prices.

Industry insiders said: "This means that the government to the community large-scale transfer of land dividends, which is very good news. At the same time, it means that a large number of low-cost land into the market, and then low-cost housing, to curb high prices, high rents will have a role."

2. How far is the real estate tax from us?

Policy Content: "Improve the long-term mechanism to promote the stable and healthy development of the real estate market", from last year's accelerated research and establishment to the current improvement and promotion, we can clearly feel the acceleration of the progress of the long-term mechanism.

Especially the real estate tax is getting louder and louder.

On December 20, 2017, the Minister of Finance published "Accelerating the Establishment of a Modern Financial System" in the People's Daily. The article stated: In accordance with the principle of "legislation first, full authorization, and step-by-step advancement", real estate tax legislation will be promoted. And implementation. Real estate taxes are levied on industrial and commercial real estate and individual housing in accordance with the assessed value, the tax burden on construction and transaction links is appropriately reduced, and a modern real estate tax system is gradually established.

Interpretation:

The collection of real estate tax cannot be achieved overnight. It is reported online that it is likely to formally enter the legislative process of the National People's Congress in 2018.

But industry insiders said, "is not optimistic about the implementation of the real estate tax, because the current domestic multi-suite source concentrated in the hands of a small number of people, once the real estate tax is implemented, there will be a large number of second-hand housing dumped into the market, which is likely to affect the normal urban development planning. And the tax is set low meaningless, set high may appear the above problems".

3. Is it better to be a landlord for real estate speculation in the future?

Policy Content:

The Central Economic Work Conference mentioned, "Accelerate the establishment of a housing system with multi-subject supply, multi-channel guarantee and simultaneous rental and purchase. We should develop the housing rental market, especially long-term rental, protect the legitimate rights and interests of rental stakeholders, and support the development of specialized and institutionalized housing rental enterprises."

A variety of new supply models have increased their entry, especially in the field of long-term rental apartments and financial innovation. A variety of rental models will make the rental market in 2018 blossom.

On December 20, 2017, the Guangdong Branch of China Construction Bank announced that in order to develop both rent and purchase and realize housing, the bank will launch a deposit and mortgage business to enhance the liquidity of rental housing.

The landlord holding the rental house can sell his rental right to CCB, and then CCB will pay the full rent in one lump sum, for example, the 5-year rent is 500000, which will be paid to the landlord in one lump sum.

Interpretation:

It is a fact and inevitable that the long-term rental apartment industry will usher in a tuyere period.

Benchmark real estate companies, first-and second-hand housing intermediaries, chain hotels and start-up companies have gathered in this market, and the state-owned enterprises of the national team do not show weakness. However, not everyone can handle and operate long-term rental apartments, and no one can say whether the rental market space is as large as imagined.

Industry insiders said that the Guangzhou case is only an extension of the bank's credit business. It is a disguised form of mortgage lending, "rent against mortgage". This kind of policy is more applicable to the mode of bulk home ownership of companies and enterprises.

. The credit situation will change dramatically in the future

Policy Content:

At a financial summit on December 5, 2017, Sun Guofeng, director of the Financial Research Institute of the People's Bank of China, has clearly expressed his warning of a long-term low interest rate environment and suggestions for normalization of monetary policy.

Sun Guofeng said that if the central bank keeps interest rates low for a long time, it is easy to encourage risk-taking by banks. The central bank's monetary policy should curb the risk-taking behavior of banks, especially not to give the expectation that market interest rates will be low for a long time, so as to prevent the market from forcing the central bank through excessive risk-taking.

Interpretation:

As a research institution directly under the head office of the central bank, the main research direction of the Financial Research Institute of the People's Bank of China is monetary policy. Does their attitude now mean that the future credit situation is about to change dramatically?

Industry insiders said that at present, there are more and more financial institutions, loan channels are also many, closed banks to raise deposit interest rates and loan interest rates, "after all, housing enterprises are currently very large domestic lenders, this is also a major measure to stabilize the property market. Later, the real estate market will be more standardized".