September 7th, 2010 | 
Author: In early August, commercial banks, China Banking Regulatory Commission recommended the suspension of the third suite and over the running of individual housing loans after the fund management center this week also decided to stop lending a comprehensive three suites. Thus, the provident fund loans and commercial loans are no longer lending for the third suite. Market feedback of view, three suites stop loans influence the release of more rapid, especially in central area of high availability of the buyers were hit particularly badly, home buyers strategy helpless overall adjustment, external hot spots re-enter the view.
Shanghai Zhongyuan, Director of Real Estate Research Advisory Council Song Yong said the Fund and commercial loans are loans on the three-stop suite is still the prerequisite for the detailed implementation of regulatory policies, but also not to mention the strategy of tightening regulation. Impact on market terms, leveraged bank loans fully stripped buyers, greatly reduced the real purchasing power. Weaker economic strength, investors or owner-occupied buyers must be out of center, center of this high-priced second-hand consumer groups are more serious weakening of the regional trade volume and price adjustments must be faced with new, does not exclude the amount Price Qi or phenomenon; the contrary, because such segments to the periphery, especially the transfer of hot spots, will have an impact to the relevant Area of supply and demand structure, there are potential consequences of volume and price go up. From an investment point of view, the span of this space may be relatively large, while the demand for self-living adjustment will tend to the nearest. Current investment demand the release of yet effective, market share is limited, therefore, the three suites stop lending transactions of the property market as a whole would be more limited.
Investment off plan central area mansions enthusiasm faded away from the City Focus
According to Shanghai Zhongyuan Real Estate Agents store feedback, 3 suites fully stopped lending, a number of centers, sub-central region, such as Zhongshan Park, Xujiahui, the ancient North and other sections of the mansion volume decreased significantly, dropping by at least 20%. Mainly due to banks to stop three or more of the mortgage. Salesman introduced some long-term investment in the center of wandering off in general reflect the tightened credit after three stops, continue to invest large amounts of second-hand luxury beyond the financial situation facing the limits of their tolerance; and, from a policy perspective, stop loans also indirectly affect the future sale of the difficulty of cash flow channel narrows. Many investors have said they would choose a temporary passenger exit, wait and see policy changes, part of the investment segment to consider the transfer to the periphery.
Focus on external investment in customer focused their attention on developing low-cost availability Guapai Jia
Multi-regional investment center customers to re-plan layout, and surrounding areas are active in investment. According to the survey, in Chuansha area, the recent turnover of more than 90% of buyers were real estate speculators off. Shanghai Zhongyuan Real Estate Agents, said store Manager Li, Disney once again floating the concept, together with the initial period after the New Deal Chuansha area house prices down significantly, many investors bargain-hunting opportunities that the advent of customer base. Now look at the situation every day with quite a lot of time up to 5 people a day, while the lease is 2-3 with a read / day. With the advantage of payment terms, many investors were still able to successfully bargain customers.
It is worth mentioning that the recent purchase of the property invested is Guapai Jia customers more frequency changes. For example, last week’s closing of a public housing area of 65 square meters sale, originally listed at 76 million, after a week Guapai Jia 75 million, then a few days after listing 730,000, eventually to 700,000 transactions. The availability passenger said real estate speculators have been a number of peers stare for a long time, and these changes in the availability Guapai Jia often, usually the landlord is in financial flow problems, or short-term bearish market, so willing to cut prices to sell. Chuansha area currently average price of second-hand housing in the 1.2-1.3 yuan / square meter, the availability of the transaction price is 1.07 yuan / square meter, or significantly lower than the market average price of.
Manager Li said that these customers are real estate speculators old faces, often to ask a price or to see availability, but very few people actually own homes. On the one hand here just need to start with a group of general in 5,6 month, the current principal is to improve the home-buyers, but the one-time payment or a feeling of great difficulty, did the New Deal-type blocking part of the improvement needs of buyers. Not the same as with the central area is that housing prices in outlying areas is much lower than the center, the availability of a more profitable one-time payment can be, and the money chain is not affected.
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