U.S. companies selling in China costs about 10,000 yuan Garden Villa / m
By the financial crisis and the plummeting price of real estate projects overseas spotted the purchasing power of Chinese people began selling to China. Yesterday, the United States and Asia Property Group with the United States, the Golden Gate Bridge Housing Co., Ltd. signed a strategic cooperation agreement today and tomorrow, the U.S. real estate trade fair held in Beijing to launch two new independent Northern California garden villas, priced equivalent to 10,000 yuan RMB / square meters.
The sale of Northern California, two new independent garden villas, in the prestigious district, 45 kilometers by car can reach downtown San Francisco. Villa area from 172 to 220 square meters, intervals of 3 to 5 room house price of 290,000 U.S. dollars, includes full house decoration and double garage, together with the garden. Bargain-hunting investors now is a good opportunity for the U.S. real estate market yesterday, the U.S. developer of the Golden Gate Bridge Housing Ltd. Steve said so.
Meyer Real Estate Group chairman Liangjian Li said that in California, only 500,000 U.S. dollars, can buy a 200 square meters of new garden villas permanent property rights, very attractive to domestic buyers, since the end of 2008 there Many Chinese people took part in the United States to the tours. As the rental market stability, California San Francisco and Los Angeles housing is the preferred investment target.
However, experts have warned that foreign investment must be very carefully indeed. In the U.S., all real estate ownership documents are open, the investments must be in the District Court before the real estate transaction history inquiry.
The most stringent measures in recent years, the Chinese government dealt heavy blows to curb property prices
Voice of America
Inhibition of high fever and housing prices, China’s State Council has issued a new regulation policy, Chinese media said the new policy for the last few years the “most stringent” control measures. However, the Beijing real estate industry are different interpretation and observation.
State Council on April 17 entitled “The State Council on the strong surge in housing prices in some cities contain a notice,” while being referred to as the “new country 10″ document states: prices are too high in the region, may suspend the payment of the third set to buy and the third set of more housing loans. Notice also said that more than one year can not be provided for the tax certificates, or proof of social insurance pay non-resident, will also be temporarily suspended purchase of housing loans.
“New Country 10,” an introduction, staff housing industry is very sensitive to changes in market demand. Beijing Yizhuang sale sites salesman Cai Dongming said: “This morning we have received this message, but did not think the actual market situation less serious. Today it opened just 50 multiple listings, sold within a day or more than 20 sets with 50 sets. “
Beijing Evening News quoted experts as saying that Beijing’s real estate transactions will drop significantly, housing prices because the Government has recently introduced the policy after another, floor, room has been a marked fluctuation. China Economic Net said, Beijing, Shanghai and Shenzhen, customer focused real estate speculators, the recent massive sell-off. Zhejiang real estate speculators once a customer orders, to sell Beijing North Third Ring Road area of 20 housing units, the total cost as high as 1:03 million RMB 40,000 per square meter average price of housing.
In addition, Sina survey shows that 67.5% of users said that home loans will be suspended effective the third set of housing prices, 30% of users said that the recent plan does not buy a house.
Real estate industry Cai Dongming that the State Department’s new policy really take time to implement, housing demand will not immediately shrink in the short term but will be driven to some extent. He said: “Because not all banks under the final thing, that is, the implementation details, for example, buy two suites have to pay 50% down payment requirement has not been implemented, only 40% down payment, banks also will sign. As for the future When implemented, without a definite time, so the effect of policies is not so obvious, is not immediate. “
Reports indicate that, in addition to the mandatory policy, the State Council, local government recently to curb housing prices, or the forthcoming implementation of a series of policies, because the central part of the tax-making powers have been transferred to local governments. Southeast News Network recently reported that Chongqing will try levy personal property sales tax, known as “special property sales tax,” the implementation of the new tax program, said to have been approved by the State Council, Shanghai will be included in the trial implementation of the city.
“There are policies,” but the political environment is one of the characteristics. Latest 10 for the provisions of the State Council, Cai Dongming real estate industry that seems to have the backing, however, ultimately depends on enforcement, the Government’s determination to the test. He said: “The implementation of this policy, I feel sure your friends! But now banks do not formally below. However, some banks have begun to bear in the matter, the first suite has requested 30% down payment, 20% had not to make friends, no matter what size. If the intensity of the implementation of this policy is very large, would be affected; If the bank from which to find some loopholes, or take any other strategies, policies should be discounted; as long as the enforcement certainly would have been affected. “
Right now, the Chinese government housing prices “heavy fist shot”, the new policy frequently; housing market watchers and more, house prices crash that very clamor. Nevertheless, those interviewed generally agreed that Beijing real estate, not the Chinese housing market “steel” of the total demand worry, the next 7-8 years, Sellers of this job is very stable, only hope that prices moderate growth at the macro regulation and control, Wenzhou speculation Housing groups like the speculation have been checked.
However, scholars believe that all levels of government desire to increase revenue, and the possession of state land ownership is the source of the runaway housing prices.
Lived in China Construction Ministry official: developers themselves, “earned embarrassing”
Yesterday, at the Housing Fair “Wuhan Green Real Estate Forum”, Ministry of Housing and Urban Policy Research Center, Jue Wang Lin, deputy director of the national housing policy for the current report, said that the domestic property market in 2009, the phenomenon is too hot, is investment in the property market, consumer to stimulate policy and excess liquidity caused by factors such as, “A lot of developers themselves say, ‘money earned embarrassing’, the result is too high house prices rise a new round of state regulation.”
Wang Jue Lin seems, from the perspective of a market economy, prices can not rise, but if the increase exceeds the capacity of our mental and can not be accepted. Moreover, the domestic prices in some cities more than doubled several times, this is not real market behavior, such as Tongzhou, Beijing, overnight, up 6,000 yuan per square meter, of course, people quit.
He also made special mention of the financial crisis in the United States, Dubai, Japan, a decade of crisis and economic downturn, with a direct relationship between the real estate bubble in China although there will be no problem, but there do exist some city property market bubble, have protection, “the real estate market has become real estate speculators in the market, high prices and even consumer demand suppressed, restricted to the core of the mainstream of industrial development of the industry.”
The latest national regulatory policy is mainly to improve the two suites down payment and interest rates. Wang Jue Lin believes that the the point very clear, and clear the house prices around the containment ineffective to recover duties, and policies do not match, not taking the initiative to bear the same responsibility. Little effect if the current round of regulation, the state certainly will continue to introduce more stringent control measures to curb high prices.
For this year’s trends, Wang Jue Lin predicted the property market in 2010 will be the adjustment in the development of indicators to judge the market is good and bad turnover, rather than to see whether prices rise.
When asked to judge the property market in Wuhan, Wang Jue Cheng Lin Tan, Wuhan not know much about ourselves, but to know city prices have general super-million, compared to the income of Wuhan, the “still a little high.”