Almost overnight, China's real estate bubble was burst. A large number of houses flooded into the market, and landlords eager to sell began to discount heavily.
But the more this happens, the less people will buy it. The less people will buy it, the greater the discount will be. It is impossible for everyone to unite.
This thing is not a national policy, nor is it a lie. It is a real thing. Once the construction of the small airport is completed, many people will definitely live in small cities by then.
By that time, the house cannot be rented or sold. Once those people buy a house in a small city, there will really be no one to take over the house.
Nowadays, there are takers, but they are just because the price is not yet in place. As long as the price is in place, they can still sell it.
But once there is no taker, no one will buy it even if the price reaches the right level. It has been more difficult to trade houses in the past two years.
Many houses have not been sold for more than a year. Now that Zhang Fan has messed with them, house transactions are even more difficult.
After falling continuously, housing prices in major cities across the country have begun to decline. Especially housing prices in Yanjing, Shanghai, Yangcheng, and Shenzhen.
The most unlucky thing is the listed real estate companies. The market price plummeted, and many real estate company stocks fell to the limit.
This wave of cutting of leeks is a big deal. You must know that there are a lot of listed real estate companies in China.
Now they were all harvested at once. When the stock fell, they discovered that someone was already shorting them.
Thinking about it, I know who the short seller is. Who else would do this except Zhang Fan, a cheater? Maybe they have already planned it and are just waiting for today.
Housing prices fell, real estate company stock prices fell, and various building materials also fell. The bubble burst, causing a huge shock to the entire industry.
The whole of China was shaken. All the media were reporting on this incident. The house has been bothering the Chinese people over the years.
A side effect of high housing prices is a downgrade in consumption, and countless people are under tremendous pressure to repay their mortgages because of their houses.
Now, housing prices have plummeted. Small cities are doing better, with little fluctuation. However, housing prices in first-tier cities are tragic.
It is even more tragic for those real estate speculators. Since the new policies of Guangxi Province, those real estate speculators have changed their strategies.
Leaving small cities and returning to big cities, in their view, big cities are more stable.
Now it’s all very sad. No one expected that the first-tier cities would be the first to fall.
This time, the government did not make a sound or express any position. It allowed the real estate industry to turmoil and had no intention of intervening.
This attitude makes more people panic. They know that this time the government is prepared to endure the pain and cut off the flesh. The side effects of high housing prices are indeed very serious.
Now that the government has money, it has the confidence to reform and truly reform real estate. China has been preparing for this change for a long time. Otherwise, why would Zhang Fan suddenly talk about this in the live broadcast?
The person cutting the leeks is none other than the government. Real estate companies are like fat sheep that have been fattening over the years, and now it is time to bleed.
Cut off the flesh from them, and then subsidize it to other places. Cut off the carrion of real estate, and then rebuild after it is cut.
Just when prices were falling during the holidays, China also issued a new policy. Starting from January 1 next year, the new policy will be implemented nationwide.
All houses will be calculated based on the area within the suite, and shared areas will be cancelled. All old houses will be re-measured and the house books will be replaced.
Starting from January 1 next year, all real estate projects will be restricted to existing homes. The real estate pre-sale policy will be cancelled, and sales of existing homes will be the main focus.
Starting from January 1 next year, monetary resettlement will be cancelled, and in-kind resettlement will be the mainstay of housing reform projects across the country.
Starting from January 1 next year, public rental housing will be built across the country. The proportion of public rental housing shall not be less than 20% of newly built buildings. Information on public rental housing will be fully disclosed to the public and subject to public supervision.
In other words, if 1 million square meters of commercial housing is added to your place this year, then your local government must build 200,000 square meters of public rental housing. And these 200,000 square meters of public rental housing must disclose information and accept supervision.
For public rental housing, the country has formulated very detailed guidelines. There are standards for prices and so on, and the money is entirely paid by local governments.
This is a cruel move. Don’t your local governments want to buy land? Sure, you can buy land and sell houses.
But if you sell 100 houses, you must build 20 public rental houses. In this case, real estate investment must be considered.
Starting from January 1 next year, a nationwide debt inventory will be conducted.
Policies are coming out one after another, and the goals are down to the root cause. The root of China's real estate lies in local debt. In order to repay the debt, governments across the country are selling land.
In order to sell it at a good price, they pushed up housing prices desperately. In the end, these debts were grafted onto the hands of ordinary people.
If we want to address the root causes of high prices, we must start with local debt. We must truly thoroughly investigate local debt and find ways to solve it.
At the same time, local governments must be restrained to prevent them from blindly borrowing money. In a word, it is to restrain some powers.
Reform, taking advantage of this opportunity, Huaxia once again carried out internal reforms. This reform was very vigorous. In recent years, Huaxia has been constantly looking for some internal problems.
Especially after the big data summary, some problems were directly exposed under the data. Under the current economic situation, if China's economy is to burst out with great vitality again, reforms must be carried out.
Especially for real estate, real estate must be completely liberated. Only in this way can funds be released, allowing more funds to enter other industries and drive China's development in other industries.
Funds are limited. If funds do not go into real estate, they will go into other industries. This can drive the development of other industries.
In Yanjing, the general headquarters of the reform group. All kinds of information and data are constantly coming in. In this headquarters, the top experts in the country have gathered.
In the huge data center, various data fluctuations are clearly displayed. These are the fluctuations of various data in China.
Now the Huaxia system has been completely networked. With the help of supercomputers, all kinds of real-time data can be directly seen here.
In the era of big data, everything can be analyzed with detailed data. There are certain patterns among these data. By grasping these patterns, many things can be avoided and many things can be reformed.
This reform, as long as it reforms the internal market, expands the internal market, expands domestic demand, and allows the internal market to unleash its huge potential. When the internal market is opened, corresponding industrial upgrades can be promoted, so that each industry can stand out in international competition.