2016-08-05

Home Prices Have Turned the Corner

A CCTV financial program informed the public on second half real estate: it won't be like the first half. In fact, more like the opposite.
July 26, made a rare Politburo meeting, curb asset bubbles. This is the industry that points to the real estate industry, some analysts have pointed out, curb asset bubbles, the focus may mean significantly higher local property prices are expected to exist throughout the second half may be adjusted around the real estate credit policy and other aspects.

From the land market, with the hot city to strengthen the supervision of the phenomenon of the king, the land market will be cool.

Insiders said that the future of real estate credit policy around the surrounding areas may have to be adjusted, for the differentiation trend of the market, local control policy will pay more attention to differences, some hot city will further strictly from the tight control, the four-tier cities to continue to focus on inventory, from the land market, with the hot city to strengthen the supervision of the phenomenon of the king, the land market will be cool.

In the "CCTV Financial Review" section for the second half of the studio Ma Guangyuan expressed in terms of the overall real estate market in the first half as the kind of excitement, confusion, panic situation, certainly not reproduced. "Bubble" word appears at the policy level, the overall real estate market in the second half should be instructive policy level.

Compared with the first half of this year, housing prices, the situation will be reversed in the second half.Instead of easing money, housing support should come in the form or policy reform:
In particular supporting the policy level should be built around a set of new urbanization around the child of migrant workers to purchase, build a real policy system.

A series of policy around the household registration system reform back to the inventory levels from the end of last year so far made to the inventory, supporting policies is still weak, how to stimulate the purchasing power of migrant workers, is the need to enhance the purchasing power of a full range of leverage, not just money lever, as well as the policy level, a lot of houses on the one hand, on the other hand the situation of migrant workers still can not afford to buy there. In particular supporting the policy level should be built around a set of new urbanization around the child of migrant workers to purchase, build a real policy system.
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