Recently, Jingdezhen, Zhengzhou, Wuhan, Changsha and other cities, a total of nearly 40 real estate projects, have appeared in the phenomenon of owners suspending loans. The reason is simple, the house is unfinished.
At this time, some experts jumped out and disagreed with this approach, saying that not repaying the bank loan will affect your credit record, and the bank can also sue you and force you to repay the money. However, the majority of netizens have supported the practice of suspending loans.
Of course, what the expert said makes sense, but the expert is not a low-level person, and he doesn't know what the concept of emptying a family's savings is. The expert lives in a bungalow and drinks foreign wine, and he doesn't know what it feels like to be crowded into a rental room for his children to go to school.
Most of the current experts have become pets raised by certain forces, and have been separated from the broad masses of the people, they have never thought that the common people are the vulnerable group, and they will never break the law and default on the loan if they still have a little way.
From ancient times to the present, the most basic principle of doing business is to pay money with one hand and deliver the goods with one hand, and we ordinary people do not lose a penny to buy a house, but the house is unfinished, and not a single brick has been handed over to me. At this time, you say that it is the developer's pot, and the bank does not care. But you borrowed money from the bank, and you have to pay it back. At first glance, it makes sense, but if a real estate project is unfinished, does the bank dare to say that it has nothing to do with it?
The house is unfinished, in essence, it is the pot of pre-sale of off-plan housing, and the pre-sale system of off-plan housing is not our own invention and creation, it is what we learned from Hong Kong, specifically, the pre-sale system of off-plan housing comes from the pre-sale of pre-sale in Hong Kong in the nineties of the last century. However, we are only halfway there.
The other half of Hong Kong's pre-sale system is that if the property cannot be delivered, the buyer can choose to check out on the 28th day and the 6th month after the delivery of the property as agreed in the contract. Check-out means that the money paid to the developer is fully refunded to the buyer. If there is a bank loan, the loan and repayment can be terminated, the previous loan repayment can be returned, and the rest of the matter is for the bank to file a lawsuit with the developer, and it has nothing to do with the buyer.
How can ordinary people have the ability to distinguish between a real estate developer and a real estate developer?But banks are different, whether a real estate company's funds are sufficient, they are clear. Therefore, this pre-sale system in Hong Kong minimizes the risk for home buyers.
In Hong Kong, when a real estate enterprise applies for pre-sale, it must ensure that there are funds to complete the project, and realize bankruptcy risk isolation through a special trust account to ensure the safety of funds. In the case of pre-sale permits in the mainland, 25% of the project cost can be invested.
The pre-sale funds in the mainland are deposited into an account in the name of the developer, and the bank is responsible for supervision. There is a stake in this, and it is not too easy for developers to transfer the pre-sale money.
The pre-sale funds in Hong Kong are supervised by an independent third-party organization, a law firm. All pre-sale money generated before handing over the property, whether it is a down payment paid out of the buyer's own pocket or a mortgage loan issued by the bank, must be paid to a special account in the name of the law firm, which will be supervised. In this way, it greatly increases the difficulty of the developer's illegal operation.
In Hong Kong, when real estate companies build buildings, banks also have to bear the risk. In Hong Kong, developers are required to sign a construction loan agreement or obtain a letter of undertaking with a bank before acquiring land. If the developer's funding chain breaks, the bank is responsible for taking over the completion. Because the bank has a mortgage and the sales proceeds are kept in the law firm's account, the bank will not suffer a loss.
On the other hand, look at the mainland. In the past two years, real estate companies have been thunderstorming one after another, and a large area of real estate has been unfinished, what is the reason?Developers are the culprit, but banks are also to blame. Knowing that the developer did not raise the money to build the building, he still let him take the money, and how many kickbacks he ate, I am afraid only they know.
And the developers of these unfinished buildings owe trillions to the bank, they don't have any, they sit on private jets, live in big villas, but they are the people at the bottom, not to mention the family's savings, and they have to continue to work to repay the bank. How do you think about this, how do you feel wrong?
From the phenomenon of suspending loans in groups, we can also see that the common people are not unreasonable people, their demands are very simple, just get back what originally belonged to them, the house they paid for, and let him live in it.
At this time, it is not the time to shirk the responsibility, the three big brothers of the locality, the bank, and the developer, have made a lot of money in real estate, and they can't care about the unfinished building. At least the building was built and the house was delivered, so that the lives of these ordinary families could return to the normal trajectory, after all, a suite may be all the hope of a family.