The Pessimistic Prospects of China’s 2011 Housing Prices Control
Released on 2011-10-24 15:39 | readings
近日，中国住建部表示，2011年上半年，将开展稳定房价的问责工作。在2010年，房地产调控采取了多种政策，对信贷政策、住房保障政策、土地政策、行政监管等方面作了更详细的规定。
但是，根据国家统计局公布的有关“2010年全国房地产市场运行情况”的数据显示，2010年12月，70个大中城市房屋销售价格均呈现同比上涨。其中，三亚市2010年房价同比涨幅高达43。3%，列全国房价涨幅首位；海口，岳阳则分别位居第二，第三位。
同时，2010年土地价格也持续上升：去年土地购置费为9992亿元，同比增长66%。另外，保障性住房的建设成本也在上升。而到去年12月，经济适用房销售价格同比上涨1%，环比上涨0.1%。这些无疑都加大了今年降低房价的难度。
另外据了解，在南京已经有六家银行取消对于首套房贷的8.5折利率优惠。在北京，虽然一些国有银行仍然实行8.5折的优惠政策，但是，此政策也可能在近期被取消。
并且， 《中华人民共和国房产税暂行条例》的内容，也在进行修改。有专家认为，这或许是为即将到来的房产税试点做准备。此次修改，可以提升房产税的立法基点。不过，这会是一个相当漫长的过程。但有专家提醒，房产税又会导致住房成本上涨。
归根结底，目前中国高房价所面临的根本问题是：土地供应的紧缺、供需失衡。目前的征税、限购等政策都无法有效地解决高房价问题。并且，征收房产税的唯一赢家是政府，不是广大普通收入家庭。现在，一些地方政府把靠出让土地获得的收入，投入了拉动GDP建设中。
某地产董事长也指出，“财政收入年年高增长的欲望，是个无底的深渊，永远无法满足。
Recently, Ministry of Housing and Urban-Rural Development of China announced that during the first half year of 2011, China will carry out the accountability of stabilizing housing prices. In 2010, real estate regulations have taken a variety of policies; they made more detailed requirements in terms of credit policy, indemnificatory housing policy, land policy, administrative regulation, etc.
However, according to the data of “2010 national real estate market operating conditions" released by the National Bureau of Statistics, it showed that in December 2010, housing sales prices in 70 cities all showed upward trends. Among them, housing prices in Sanya City in 2010 surged 43.3% from previous year, ranking the first place in “housing price increase rates” nationwide; Haikou, Yueyang, ranked second and third places.
Meanwhile, in 2010 land prices continued to rise: last year, land acquisition costs were 999.2 billion yuan, rose 66% from previous year. In addition, the construction costs of indemnificatory housing were also rising. By December last year, indemnificatory housing sales price rose 1% from previous year, 0.1% from previous period. These undoubtedly increased the difficulty of lowering housing prices this year.
We also learned that six banks in Nanjing had canceled the 8.5% interest rate discount for the first house loans. In Beijing, although some state-owned banks still implement this 8.5% discount policies, however, this policy may be canceled in the near future.
Moreover, the contents of "People’s Republic of China Interim Regulations on housing property taxes” are being modified. Some experts believe that this might be the preparation for the upcoming property taxes trials. This modification can improve the property tax legislative basis. However, this will be a very long process. Experts also warn that property taxes will cause the housing costs to rise.
After all, the key problems for the current China’s high housing prices are: the shortage of land supply and the imbalance between supply and demand. The current tax collections, restrictions on purchases cannot effectively solve the high housing prices problem. Also, the only winner of the tax collection is the government, not the majority of ordinary income families. Now, some local governments spare the revenue earned from selling land into prompting GDP.
One real estate chairman also pointed out that "expecting fiscal revenue to rise year after year is endless desires; people can never get satisfied from that.
近日，中国住建部表示，2011年上半年，将开展稳定房价的问责工作。在2010年，房地产调控采取了多种政策，对信贷政策、住房保障政策、土地政策、行政监管等方面作了更详细的规定。
但是，根据国家统计局公布的有关“2010年全国房地产市场运行情况”的数据显示，2010年12月，70个大中城市房屋销售价格均呈现同比上涨。其中，三亚市2010年房价同比涨幅高达43。3%，列全国房价涨幅首位；海口，岳阳则分别位居第二，第三位。
同时，2010年土地价格也持续上升：去年土地购置费为9992亿元，同比增长66%。另外，保障性住房的建设成本也在上升。而到去年12月，经济适用房销售价格同比上涨1%，环比上涨0.1%。这些无疑都加大了今年降低房价的难度。
另外据了解，在南京已经有六家银行取消对于首套房贷的8.5折利率优惠。在北京，虽然一些国有银行仍然实行8.5折的优惠政策，但是，此政策也可能在近期被取消。
并且， 《中华人民共和国房产税暂行条例》的内容，也在进行修改。有专家认为，这或许是为即将到来的房产税试点做准备。此次修改，可以提升房产税的立法基点。不过，这会是一个相当漫长的过程。但有专家提醒，房产税又会导致住房成本上涨。
归根结底，目前中国高房价所面临的根本问题是：土地供应的紧缺、供需失衡。目前的征税、限购等政策都无法有效地解决高房价问题。并且，征收房产税的唯一赢家是政府，不是广大普通收入家庭。现在，一些地方政府把靠出让土地获得的收入，投入了拉动GDP建设中。
某地产董事长也指出，“财政收入年年高增长的欲望，是个无底的深渊，永远无法满足。
Recently, Ministry of Housing and Urban-Rural Development of China announced that during the first half year of 2011, China will carry out the accountability of stabilizing housing prices. In 2010, real estate regulations have taken a variety of policies; they made more detailed requirements in terms of credit policy, indemnificatory housing policy, land policy, administrative regulation, etc.
However, according to the data of “2010 national real estate market operating conditions" released by the National Bureau of Statistics, it showed that in December 2010, housing sales prices in 70 cities all showed upward trends. Among them, housing prices in Sanya City in 2010 surged 43.3% from previous year, ranking the first place in “housing price increase rates” nationwide; Haikou, Yueyang, ranked second and third places.
Meanwhile, in 2010 land prices continued to rise: last year, land acquisition costs were 999.2 billion yuan, rose 66% from previous year. In addition, the construction costs of indemnificatory housing were also rising. By December last year, indemnificatory housing sales price rose 1% from previous year, 0.1% from previous period. These undoubtedly increased the difficulty of lowering housing prices this year.
We also learned that six banks in Nanjing had canceled the 8.5% interest rate discount for the first house loans. In Beijing, although some state-owned banks still implement this 8.5% discount policies, however, this policy may be canceled in the near future.
Moreover, the contents of "People’s Republic of China Interim Regulations on housing property taxes” are being modified. Some experts believe that this might be the preparation for the upcoming property taxes trials. This modification can improve the property tax legislative basis. However, this will be a very long process. Experts also warn that property taxes will cause the housing costs to rise.
After all, the key problems for the current China’s high housing prices are: the shortage of land supply and the imbalance between supply and demand. The current tax collections, restrictions on purchases cannot effectively solve the high housing prices problem. Also, the only winner of the tax collection is the government, not the majority of ordinary income families. Now, some local governments spare the revenue earned from selling land into prompting GDP.
One real estate chairman also pointed out that "expecting fiscal revenue to rise year after year is endless desires; people can never get satisfied from that.