Since 2009, during the two sessions, there have been deputies or committee members who have proposed to cancel the pre-sale system of commercial housing and implement the existing house sales system to prevent defects in the quality of houses, unfinished buildings, overdue delivery, and real estate enterprises running away, so as to protect the legitimate rights and interests of home buyers.
The main reason why the proposals of so many deputies and committee members to abolish the pre-sale system of commercial housing in the past 15 years have not been adopted is that the current cancellation of off-plan housing sales and the timing and conditions for the implementation of existing housing sales do not meet and do not conform to the actual market situation.
First of all, there is an imbalance between supply and demand in the market, the actual situation of the market is more than 80% of the sales of housing for a period of time, once the sales of off-plan housing are hastily cancelled, it may cause market ups and downs.
Secondly, the direct financing channels of real estate enterprises are not fully opened, which can easily lead to the tight capital chain of real estate enterprises, and the pre-sale funds account for more than 40% of the funds of real estate enterprises. Moreover, now that the real estate is in a downward cycle, the real estate enterprises are in the liquidation stage, the cash flow is tight, the sales collection is declining, and the financing is not smooth.
In the author's opinion, the words of the above-mentioned experts are really untenable.
First of all, if commercial housing is a commodity, the cost and supply and demand determine the best and profits, and enterprises that are willing to devote themselves to real estate development, whether there is upfront capital is something that you experts should consider? Or, if you are willing to buy a pre-sold commercial house, you can do it again.
Second, if commercial housing is a financial product, from the perspective of the system, the capital market should be monitored by us, why shouldn't the obvious short buying and selling be stopped?
Third, the collapse of real estate companies is related to the operation of banks, is this led by Shengdou Xiaomin? If the bank still has to earn the interest on the development loan on the one hand, and the interest on the personal loan on the other, then it should bear this risk, and the third party with obvious interests only enjoys the rights and does not bear any responsibility, which industry can this?
Fourth, has been shouting that real estate returns to commodity attributes, then his ups and downs will be determined in combination with the cycle of commodities, the invisible hand only needs to continue to observe the abnormal intervention of capital, and stop speculation in time, if no one speculates, how can housing prices, agricultural products and other livelihood products fluctuate? The income has risen, and if as a necessity, the house price returns to a reasonable position, it is natural that someone will buy it, and what else will be done?
After thinking about these, is real estate pre-sale still a problem? Cars, mobile phones, yachts, etc., a lot of them are pre-sold, but they are not necessities. Whether commercial housing is a necessity or not, is this not clear before the discussion? Isn't it possible to guide well after clarifying? What's the use of just talking about a presale?