2008 National Policy of 2009, the property market

 Two thousand and nine national policy of on October 23
Policy intervals: December 23, 2008, the State Council promulgated the fourth quarter of the ten measures to promote economic development.
Article VII first purchase of 90 square meters and the following ordinary housing, temporary reunification of the deed tax rate down to 1%; for individual sale or purchase of housing temporarily exempt from stamp duty; of individual housing temporarily exempt from land tax sales. local government may make to encourage housing consumption The fee waiver policy. Scaling down payment of 20%. Meanwhile, personal housing accumulation fund loan interest rate cut, the grade cut interest rates by 0.27 percentage points, respectively. Wenchuan earthquake disaster residents purchase their own housing loan interest rates lower, the minimum down payment and preferential interest rate of housing provident fund loans remain unchanged. national policy in the. It not only produced the 2008 follow-up policy direction of the impact of the tax reform of 2009, an impact. Although it was noted that home sales in 2009, circulation dropped the tax was not much room, but 10 the month of of this policy suggests that the deed tax, stamp duty, land tax and other close contact with the consumer taxes, the property market is still good policy to release the next point.
If the ; Article VIII, Xiaofei Zhe familiar and 接受, on the other banks will also be digested and absorbed. policy control effect of the Recent commercial banks mortgage extent that the implementation of the New Deal, to enjoy a smooth mortgage in 2009 and 20% discount Qizhe buyers down payment, most mortgage business after 2009 for new customers. For the stock of customers for 2009 will be the offer will be greatly reduced.
National Policy II: out trillions of large orders, the introduction of real estate will benefit the most
Time: November 9, 2008
Policy intervals: 2008 on November 9, the State Council issued ten measures to expand domestic demand, the four large single-trillion investment exciting.
, the implementation of the nomadic population, renovation of dilapidated buildings in rural areas to expand the pilot. investment market, will largely enhance the market trading volume. At the same time, some of the construction of affordable housing development companies can rely on it through the off-peak season. More importantly, local governments can raise the affordable housing availability, distribution the flexibility to achieve the purpose of further revitalize the property market. If the Government to invest in real estate is affordable housing, or economic subsidies paid directly to the user to buy their own fitness room, are the use of affordable housing policy a good way to make a fuss about . In addition, the policy also explicitly proposed to expand the scale of credit, and gradually relax the size of credit limit In 2009, real estate development enterprises can rely on this new generation of finance imagination. It is the source that Some good reputation and large scale real estate development companies good reputation, you can get the market in 2009, strong financial support.
national policy c: the status of certain property, more solid pillars of character introduction
Date: November 2008 10
Policy playback: one in four trillion out big after the implementation of the work of expanding domestic demand, the deployment of seven incoming.
Article III provides that , for pulling iron and steel, building materials and household goods such as household appliances industry important, stability and development of the financial sector is essential for the promotion of consumption structure upgraded an important role in improving people's livelihood. to carefully analyze and study the real estate market situation, the correct guidance and regulation of real estate trends. to increase the low-rent housing, affordable housing and other investment in affordable housing acquisition and development and construction; to implement and improve the promotion of rational policies and measures of housing consumption; promote small and medium size, the low-cost and stable development of common commercial housing development and construction ; accelerate the development of second-hand housing market and housing rental market. to rectify the real estate market, and standardize market transactions. The value of the industry, highlighting the real estate market in the status of the operation of the national economy, stabilize the property market decision-making that determination, the State Council, a special train of seven deployments to express the real estate. First of all, it is certainly on the related industries of real estate important that the iron and steel, building materials, home appliances industry is inseparable from the property market driven. Second, it affirms the significance of real estate on the livelihood of the people. that improvement. The New Deal in 2009 China established the basic property of the six directions. The first form of serious research on the real estate market to guide and control; the second is to increase the low-rent housing and affordable housing and other affordable housing investment, to ensure the people's livelihood needs are met. Third, continue the policy level to encourage reasonable housing consumption, increase market trading volume. Fourth, in the market to support small and medium size, in the low-priced real estate development, to lead the market in product healthy development. Fifth, actively promote the upgrading of the secondary housing market, to expand the flow of commercial space. Sixth, strengthen the regulation of market order, regulate market transactions.
2009 the basic direction of the property market, in which the policy was determined. It not only affirms the status of the real estate industry, but also in 2009 the total market regulation program in China.
national policy four: cut interest rates 107 basis points, the introduction of the property market
good time to warm hearts: 2008 November 27 playback at
Policy: November 27, 2008, China ushered in the history of a few large-scale cuts.
deposit and lending rates by 1.08 percentage points each, other term deposit and lending interest rate adjusted accordingly. Meanwhile, the lower the central bank refinancing and rediscount and other interest rates. From December 5, 2008, the cut ICBC, Agricultural Bank of China Construction Bank, Bank of Communications, the postal savings bank deposits and other large financial institutions of RMB deposit reserve ratio by 1 percentage point, down small deposit-taking financial institutions of RMB deposit reserve ratio by 2 percentage points. Meanwhile, the earthquake disaster and continue to rural financial institutions to implement preferential deposit reserve ratio. economic pressures, but also to much of the money chain tension relief In 2009 real estate development companies, whether buyers or the development company, will be directly affected by the economic level, conducive to the economic regulation: You have to buy a house, room section is equivalent to scaled down, ready to purchase, the price is equivalent to a substantial decline, which is of great significance to promote market liquidity. In addition to the lending restrictions. 2 percent More importantly, this has sparked the interest rate cut continued to cut interest rates in 2009, and conjecture, for the active circulation of money, have a significant role in improving consumer confidence.
In short, the central bank abandoned the percentage point rate cut, with efforts to cut interest rates four times in the past that, to maintain stable economic development and promote long-term prosperity is a basic national policy of the property market, no doubt.
National Policy Friday: the introduction of double
Date: December 4, 2008
Policy intervals: early December, the State Council decided to consolidate financial measures enacted nine economic development.
Article provides that to promote the steady growth of monetary credit. the integrated use of the deposit reserve ratio, interest rates, exchange rates and other means, to maintain an adequate supply of liquidity of the banking system, policy banks additional loans to the scale of 100 billion yuan in 2008. Real estate investment trusts, equity investment fund and regulate the development of various forms of private financing, broadening financing channels for enterprises. large. It is gratifying that the basis for real estate finance in 2009 the introduction of this policy became very loose. Moreover, some unexpected good policy for the first time surfaced.
policy first, to be maintained deposit reserve ratio, interest rates and exchange rates easy. This is undoubtedly clear to tell home buyers and developers, in 2009 there will be some room for interest rate cut expectations. Moreover, this loose monetary policy in the next year or so time will remain. property market is facing a long recovery, adjustment. policies second, it is clear the real estate included in the list of where to maintain growth, and directly to housing prices, real estate development enterprises to small and medium greatly reduced the difficulty of financing, which is the protection of some construction projects completed on schedule, the necessary means to prevent residential flats. can be said that these two policies for the 2009 property market provided the smooth operation of financial security.
If these policies are still within the expected range, then on the description of the real estate investment trusts are refreshing. New Deal provides that real estate investment trusts, equity investment fund and regulate the development of various forms of private financing, broadening financing channels for enterprises. Great situation, the nature of the financing environment will be improved. the so-called real estate investment trusts, in essence, is a citizen-oriented investment products, to raise funds for a specified real estate projects, such funds generally risk-free, but period of 3-5 years, the interest rate is higher. is an ideal investment products. can be said that once the investment fund release, so the impact of real estate on the national economy will be more significant. because it not only links the development of the enterprise's economic lifeline, but also to many people's lives and destiny linked with the real estate only. concerned about the property market, will no longer just consumers and developers, and countless investors real estate trust.
According to the latest news, China Real estate investment trusts have been related to research meeting held in Tianjin In 2009, the investment products market is a foregone conclusion. It is the development of China's property market provide a broader soil, the recovery of the property market in 2009 to provide staying power. < br> National Policy VI: Economic Conference, the introduction of capital growth is imperative
Time: December 8, 2008
policy Playback: The Central Economic Work Conference held annually, on the current year and next year's economic work Summary and proposed deployment. the meeting of the real estate industry and related fields to describe nature of social attention. The meeting has deployed five major focus of economic work next year.
first article that fiscal policy and loose monetary policy, capital market and real estate market to maintain stable and healthy development. targeted efforts to improve the regulation of scientific and effective. at work on a specific deployment, should actively expand domestic demand, further consolidate and strengthen agriculture as the foundation to accelerate the strategic readjustment of economic structure, and unswervingly push forward reform and opening up, focus on doing good employment and social security, improve product quality and safety standards, accelerate the development of social undertakings. representation is called Huangzhongdalv. it work in 2009 the overall layout of the economy can be described as every word Abas. the industry, the meeting allowed the property market again full of confidence. First of all, the proactive fiscal policy and loose monetary policy was again mentioned, set the tone for next year's economic work of the general atmosphere. property development with a relaxed environment, to maintain growth, the overall objective of promoting the development of unusual clarity. These seem to be unmistakably tell the developer and the majority of buyers are, decision-making support for capital flows, will continue to increase efforts to offer the people. more strikingly, the first was also clear that the content of the real estate market to maintain stable and healthy development. the words, though not long, but In 2009 an extraordinarily powerful force, in order to stabilize and develop China's property market, the decision-makers more control policies will be introduced in order to fulfill the general arrangements of the central economic work. This is a property development Dinghaishenzhen.
work in the five Third, people smell the real estate market direction, namely, small towns and the surrounding urban areas will be the highlight of the new growth. rural economic integration and change the description of urban-rural structure, so that the real estate industry with the theory of the second outbreak basis. the city's expansion, upgrading of rural economy, urban-rural dual structure of the break will depend on real estate development. In turn, the real estate development also depends on the city's further expansion In 2009, according to this central principle policy, there will be more cities to promote the process of urban expansion. In particular, the development of some less-affluent cities, the choice for real estate companies provide a vast space. So, some industry analysts, the policy specified to many real estate companies the future direction of development, that is, second and third tier cities, should pay close attention to the development process, seize the opportunity to follow up the pace of local development, the implementation of the strategic layout of ancestors step. In short, the central economic work conference of the far-reaching significance of this deployment.
Central Economic Work Conference for 2009, the property market into a full of life, doomed bears flowers of brilliant flowers.
seven national policy: promoting financial thirty, year-end property market,
policy Playback: December 13, the State Council issued rise of 3 to 4 percentage points and about the growth rate of money supply as the 2009 target for full year growth of broad money supply 17%. 1,000 billion yuan, to encourage commercial banks to issue loans to support investment projects in Central and strive RMB loans of financial institutions in 2008 increased by 4 trillion. ordinary housing and improve the type of ordinary housing. increase the low-rent housing for urban low-income residents, affordable housing and shantytowns, the credit support. and other related insurance. industry related to accounting for one sixth of the demonstration of decision-making on the real estate industry's attention. Although some industry analysts, the broad money supply growth of 17% has some difficulties, but it at least shows that the financial markets in 2009 will be type of housing demand. Insiders said that the provision will 2009 Left of many operating room. around completely resolved. Despite the financial thirty after the introduction of the State Council, relevant departments to some extent, the opening of the gates the flow of second homes, but from the to 2009. And once the policies put in place, the real estate market will face blowout volume recovery and development. financial thirty Article X of the support also from the perspective of low-rent housing credit, affordable housing and other affordable housing In 2009 the building, the property funding the project under which the people's livelihood can rest easy.
insurance products directly to consumers. can be seen, which measures significant to people's livelihood as a prerequisite. to insurance as the basis, in 2009 there will be more directly protects the interests of consumers, directly stimulate the property market turnover of good news. Finally, Financial thirty also clearly stated in Article XVIII to start real estate investment trusts the pilot. The purpose of the pilot started, file is given a clear answer, that helps finance housing prices. People in the industry comments, the pilot will be implemented in early 2009 , and on the integrity of the trust fund implementation of the program introduced during the year in 2009. From the perspective of the real estate market development, the measures are expected to go down in history.
2009 years, also became a harvest of real estate corporate finance In the hope of years.
national policy VIII: Second Suite relaxation, the property market introduction of national policy came to an end
Time: December 17, December 21
Policy intervals: December 17, 2008, the State Council issued a combination of measures to promote the real estate property market, to a certain extent, the relaxation of the issued on promoting the healthy development of the real estate market, a number of observations, the system is similar to a combination of measures before expressed.
to increase construction of affordable housing efforts mm for three years to basically solve the housing difficulties of urban low-income family housing and living in shanty towns, multi-channel a few weeks of construction funds, housing provident fund for housing construction to carry out the pilot.
further encourage ordinary commercial housing loans to buy consumer mm had a suite, but the per capita living space less than the local average level, and then residents of the loan to buy two suites, the applicable preferential policies for the first suites.
existing individuals to purchase ordinary housing more than 5 years (including 5 years) be exempted from business tax for the transfer, the transfer of more than 2 years to be exempted from business tax. to individuals to purchase ordinary housing the transfer of less than 2 years, their transfer from the sales tax revenue collected in full, to transfer income minus their original cost enough to buy housing business tax credit
better conditions to support the enterprise approved to issue corporate bonds, carry out house Real Estate Investment Trust pilot, expand direct financing channels.
Cancel urban real estate tax, real estate development to guide enterprises to actively respond to market changes.
of analysis: and previous to the building of affordable housing in the general requirements are different, 2008 The end of the year in the number of policies, processes, content and mode of several aspects of the construction of affordable housing in 2009 put forward concrete plans. can be expected in 2009, and thereafter one or two years, China will be the construction of affordable housing sets the blueprint for the implementation of policy.
is worth noting that, by stimulating domestic demand, China's economic need status of affordable housing will be the main theme of the next few years and the highlight of the property market in China. Thus, the end of this New Deal in 2008, will directly affect the development process of China's property market. In addition, the housing provident fund for housing construction in the pilot is very innovative. with the support of a series of policies will also become an important Aspect in 2009.
policy of the central end of a combination of boxing opened a Evaluation of the New Deal was the novelty of this small, but at least the source that the policy of relaxation of the two suites has already begun. Looking at 2009, to which the policy as a starting point, two suites of limitations may be gradually liberalized, the formation of market trading volume of the strong support points.
and two suites slight relaxation of the different policies, housing, tax reform in the circulation of large indeed rare. exempted from business tax for two years from five years from the full collection of business tax changes for the business tax. It can be said that reforms are to meet in the field of strengthening the market circulation, the purpose of enhancing market trading volume. industry analysis, policy implications of this section, the space in 2009 has been much lower taxes. In addition. Issue liberalization policy, the regulatory authorities is a major test.