On the importance of real estate

Recently, the Ministry of land and resources issued the "land and resources thirteen five year plan" proposed, combined with the real estate to the inventory, effectively adjust the policy, to maintain the smooth operation of the real estate market. Supply and demand in the housing supply and demand in the region to increase the size of a moderate increase in the size of the real estate inventory higher city, to reduce the supply of housing land to stop. In addition, the "Outline" also need to 2020, the total amount of new construction land control in 32 million 560 thousand acres, compared with 12th Five-Year period decreased by 17%.
In the macroeconomic downturn, the government resorted to the real estate economic growth banner. Restrictions on land supply, the purchase of a series of measures, called the regulation of housing prices, the actual role is precisely to boost prices and to re evoke the market for real estate supply is expected to be expected. The second tier city is evidenced by soaring prices, capital overflow and guide is never easy.
As in the past package to inventory policy is to digest three or four lines of urban housing stock. The results backfire, was first tier cities housing prices skyrocketing Hu cut like, reduce urban land for new construction, called the collapse of the government land financial transformation will actually make the speed of the new building degree is far behind the real speed, increasing of city of a gleam of tight supply trend, to change the current market sentiment, a large number of property buyers will panic into the city.

Buyers do not buy up the herd mentality is more serious. Market is hot, we rush to buy. Once this is expected to be reached, prices will inevitably rise again, and this may be the result of what the government wants to see.

Whether you admit it or not, China's economic macro face Siwanyilai the most severe situation, say again "is the only real estate can save China," a crucial moment!
First of all, real estate as a pillar industry of the national economy, this position has not changed, the development of real estate involving more than 200 industries and industries, the impact on the macroeconomic can not be underestimated.
Secondly, the real estate and other domestic industries, as the total number of early already full surplus, but real estate is real estate, local excess will not be transformed into a national excess.
Third, the current Chinese real estate is not the main contradiction of the total amount of problems, but the structural problem, that is, the mismatch of resources. A large number of real estate inventory is invalid inventory, is never removed from the inventory, compared with a large number of invalid inventory, in the first tier cities, some two or three tier cities, there is still no small demand. Some second tier cities, including the developed areas of the part of the three line of the city's inventory, is a benign inventory, is in the urban and rural areas two yuan system under the institutional inventory. Once the reform of the system to deepen, these stocks can be digested. Therefore, to a certain extent, just cover the house marketable, cover of local, cover of products, real estate save China is not nonsense.
Actually, back in 2009, in the wake of the financial crisis, economy suffered twists and turns, was devastated by the domestic real estate market, real estate become a strong driving force for stimulating economic growth. Move when the life is easy, 2016 China, economy of the disease has from "in the cou" into "in the stomach, real estate impossible as in the past as" a shot in the spirit "of the role of the Savior of the, but, as might be expected, pulling effect must be will be very obvious. The key is that the new real estate capacity must be increased to place, make the best use of money.