After the Spring Festival holiday, Shenzhen, Hangzhou, Guangzhou, Nanjing, and other hot spots frequently released new measures to regulate the property market. According to statistics, since 2021, there have been more than 70 real estate adjustments in various regions. The content of regulation and control mainly focuses on the tightening of leasing policies, new order, value-added tax, and chaos in the real estate market. Industry insiders pointed out that the regulation will have a short-term cooling effect on the market, and it is expected that the increase in the sales price of commercial housing will narrow in February. However, in the long run, the intensity of regulation and control for new trends and operating loans will determine the trend of the property market.
Since 2021, Shenzhen has issued multiple property market control policies, and “patches” the previous control policies implemented. The latest regulatory content shows that if the couple divorces and registers the division of the real estate under the name of the party who is not eligible to buy a house, the other party shall not purchase a commercial house in Shenzhen within 3 years from the date of divorce (this regulation also applies to remarriage or remarriage within 3 years) ).
On February 18, the Hangzhou Municipal Housing Security and Real Estate Administration issued the “Notice on Personnel Providing False Registration Information for House Purchase” (referred to as the “Notice”). The “Notice” pointed out that in 9 projects including Yuchao Mansion, Danfeng Four Seasons Courtyard, Junpin Mingdi, and Zizhangtai Apartment, 27 households reported false or inaccurate application information or application materials. According to Article 12 of the “Notarization on the Implementation of the Public Sales of Commodity Housing Notarization Lottery” by the Hangzhou Coordination Group for the Sustainable and Healthy Development of the Real Estate Market, it was decided to impose a one-year ban on these 27 families.
Gao Yuansheng, executive deputy general manager of the Zhejiang Branch of the China Index Research Institute, believes that the punishment shows the government’s attitude. Under the general tone of housing and non-speculation, it is necessary to strengthen market supervision and regulation. Although some loopholes in the policy cannot be completely plugged, they can play the role of knocking the mountain and shaking the tiger. A reporter from China Securities Journal found that since 2021, real estate regulation in various regions has accumulated more than 70 times. Real estate regulation and control policies are concentrated on tightening leasing policies, breaking new orders, value-added tax, and chaos in the real estate market.
“The arbitrage investors brought by the new fight, the resurgence of housing repurchases in school districts caused by the epidemic, and the huge spread between bank corporate loans and mortgage loans are the three main reasons for the hot signs of the property market in hotspots. No speculation in housing. Under the background, it is reasonable to introduce control policies in overheated areas.” Zhang Dawei, the chief analyst of Centaline Property, pointed out that “from the content of the property market control policies issued by various places, Shanghai, Shenzhen, Hangzhou and other cities with the significant increase in housing prices in the early stage, 2021 The policies introduced in the year are all “patching” policies for the real estate market, and the direction is mainly aimed at the funding of the real estate market and the qualifications for buying houses.”
First-tier cities are accelerating
According to the latest data released by the National Bureau of Statistics, in January, housing prices in many areas represented by first-tier cities showed an accelerated upward trend. These areas have basically issued property market control policies since 2021.
According to data from the National Bureau of Statistics, in January 2021, the sales price of newly built commercial housing in four first-tier cities increased by 0.6% month-on-month, an increase of 0.3 percentage points from the previous month. Among them, Beijing, Shanghai, Guangzhou, and Shenzhen rose 0.5%, 0.6%, 1.0%, and 0.3% respectively. The sales price of second-hand housing rose by 1.3% month-on-month, an increase of 0.7 percentage points from the previous month. Among them, Beijing, Shanghai, Guangzhou, and Shenzhen rose 0.9%, 1.3%, 1.4%, and 1.7% respectively Spark Global Limited.
article links：The property market regulation in many places frequently
Reprint indicated source：Spark Global Limited information