Recently, in order to avoid more real estate companies defaulting on their debts and the phenomenon of unfinished buildings. Our country is "serious" about the real estate industry. First of all, since November, the five banks of industry, agriculture, China, construction, and communications have invested more than 30 billion yuan in development loans to non-state-owned real estate enterprises. It is expected that more credit funds will flow to private real estate enterprises in the future.
After that, Suzhou fired the "first shot" of liberalizing the price reduction of real estate enterprises, allowing developers to decide whether to reduce the price, or how much, according to their own situation. Subsequently, Nanjing, Xiamen and other cities have also relaxed restrictions on price reductions for real estate companies. In this way, developers can return funds in a timely manner by reducing prices, and carry out production self-help.
After entering December, first-tier cities such as Beijing and Shanghai also made rare announcements: down payment reductions, interest rate reductions, and ordinary residential recognition standards. In this way, it not only lowers the financing threshold and cost of home buyers, but also reduces the value-added tax and deed tax that people have to pay when buying a house. This move is also to stabilize housing prices in first-tier cities such as Beijing and Shanghai and avoid big ups and downs in the short term.
Judging from the above three favorable policies for the property market, what our country needs to do now is to "stabilize housing prices, enhance confidence, and control risks". In particular, first-tier cities such as Beijing and Shanghai have introduced down payment and interest rate reductions, as well as the identification standards for ordinary residences, in the hope of stabilizing current housing prices. As long as the housing prices in the first-tier cities are stable, the housing prices in other cities across the country will also be stable.
The main purpose of banks lending funds to private real estate enterprises is to enhance people's confidence in the real estate market and avoid the financial risks caused by the concentration of real estate enterprises. In the face of the country's "real move" on the property market, many people believe that under the favorable policies, this round of real estate adjustment cycle is coming to an end, and the transaction volume of the domestic property market will blow out in 2024, and housing prices will also be retaliatory**.
In fact, how will China's property market go in 2024, Internet celebrity entrepreneur Wang Jianlin has already put forward **, he thinks:No country has ever been able to maintain a thriving real estate industry for more than 50 years, and generally speaking, it has reached the saturation stage in more than 20 years, and both the total amount of housing and purchasing power have basically reached their peak.
Since 1998, my country has implemented the first round of housing reform to 2023. The domestic real estate market has also passed more than 20 years, and now the entire property market is also in a stage of serious saturation, coupled with the impact of the epidemic, people's incomes are decreasing, and it can no longer support such high housing prices. Therefore, in 2024, not only will house prices not be **, but there is a high probability that there will be a trend of "stable and declining". Therefore, expecting that housing prices will be ** in 2024, there will be misjudgments.
For the property market in 2024, we would like to put forward three suggestions to you: first, if you are a family who just needs to buy a house, you want to settle down, get married, etc., you can take advantage of the developer's price reduction**, the bank's reduction of down payment and interest rates and other favorable policies to enter the market to buy a house, maybe you can not only buy a house with a significant price reduction, but also enjoy the dividends of the current various favorable policies.
Second, if it is the demand for investment speculation, the domestic real estate regulation cycle has not yet ended, and it is far from the time of the first time, and the risk of blind investment is too great. Third, if you have more than one property in your hand, it is better to sell it early and cash out when the house price is at a high level, and it will be difficult to sell the house in a few years, and you can only rot in your own hands.