Seeing that the property market regulation is gradually out of control, the State Council urgently sent inspection teams to correct. Tai Chi Chuan between the central regulation and the local "fine tuning", or will become the Wing Chun of the close-knit. The General Office of the State Council issued a statement on the 24th that in response to the new situation and new problems in the recent real estate market, in order to further promote the implementation of the real estate market regulation and policy measures, resolutely curb speculative investment demand and consolidate the real estate market regulation and control results, the State Council decided to start from late July. Eight police inspection teams were dispatched to carry out special supervision on the implementation of the State Council's real estate market regulation policies and measures in 16 provinces (cities). This is the 15th month that the State Council has re-launched such initiatives. The State Council's "new situation, new problems" formulation has been widely interpreted as a response to the recent signs of a rebound in the property market and rising property prices in the country. The inspection is also regarded as a "blitz raiding." Some real estate industry people told the "First Financial Daily" that some city governments have greeted the developers, asking the latter to keep a low profile in the near future and not to raise prices. Out of control concerns The focus of this inspection is to check the implementation of housing purchase restrictions, the implementation of differentiated housing credit policies, the supply and management of housing land, the implementation of tax policies and the status of collection and management. The State Council inspection team will go deep into the implementation of the verification policies of relevant departments and agencies, check the commodity housing projects on the spot, and listen to the opinions and suggestions of the grassroots. The implementation of the real estate market regulation policy measures are biased, not in place, the State Council inspection team will supervise the promotion of rectification. This is also the second time since last year that the State Council has dispatched an inspection team for real estate regulation. In April last year, the State Council sent eight real estate control and inspection teams to 16 provinces (autonomous regions and municipalities) for inspection. At the time of the departure of the inspection team, the price control targets were just announced in various places. Because of the far-reaching expectations from the public, the housing price target caused great controversy. After the on-site inspection, the eight inspection teams also reported to the State Council. However, the relevant departments did not disclose the details and reports of the inspection. In accordance with established practice, such inspection teams should be led by deputy ministerial officials. In the inspection team in April last year, the highest level was Jiang Weixin, Minister of Housing and Urban-Rural Development. The "new situation and new problems in the real estate market" mentioned in the State Council's documents mainly refer to the recent increase in land prices and house prices, and the expected changes in the market in this context. This has already been an early warning in the speech of Premier Wen Jiabao of the State Council on the 7th of this month. He said that in the second quarter of this year, the land prices of the main monitoring cities in the country showed a slight increase. In June, the prices of new homes in some cities increased on a month-on-month basis. At present, the information on the real estate market is quite chaotic, and the market's forecast of housing price trends has also undergone some changes. The masses are generally worried about the rebound in housing prices, and must further unswervingly do a good job in regulation and control. On the 10th day after 3 days, Beijing appeared in the process of transferring the Wanliu block. The land price was as high as 40,000 yuan/square meter. One time, the public opinion was horrified, which also directly triggered the loss of control over the current round of regulation. Worry. On July 19, the Ministry of Land and Resources and the Ministry of Housing and Urban-Rural Development jointly issued the "Emergency Notice on Further Strictly Administering Real Estate Land Management and Consolidating the Results of the Real Estate Market Adjustment", demanding that high prices be prevented, and the localities should not arbitrarily relax the regulation of the property market. A person close to the Ministry of Land and Resources revealed that the introduction of the above notice had a certain relationship with the appearance of Beijing Wanliudiwang. Although the plot was not particularly unreasonable from a market perspective due to its special location, it It did affect the market expectations. The "Notice" requires that all localities should closely follow the market situation in the second half of the year, earnestly grasp the rhythm, timing and price of land transfer, prevent high prices of commercial services and residential buildings, disrupt market expectations and undermine market stability. Under the authority of the central government, but under the control of real estate for two years, the poor harvest of land revenue has caused the local government's land finance to face difficulties, and the latter's willingness to break through the regulation of the property market is also stronger. According to statistics from the Ministry of Finance, the national income from the use of state-owned land in the first half of the year was 114.30 billion yuan, a year-on-year decrease of 434.2 billion yuan, a decrease of 27.5%. Before the transfer of the Wanliu block, Beijing had not sold residential land for a long time, and the land revenue dropped sharply compared with last year. According to the aforementioned sources, before the transfer of the plot, the relevant departments of Beijing and the Ministry of Land and Resources had communicated, and it was expected that there would be a higher land price. Zhang Dawei, director of Beijing Zhongyuan Market Research Department, believes that after the introduction of the Eighth National Government in 2011, there has been a game between the central government's resolute execution and local fine-tuning. Although the central ministries and commissions have repeatedly reiterated their efforts to regulate and control, even within four days of the four ministries and commissions, the fine-tuning of local governments is still frequent, and the local government's willingness to loosen the regulation of the property market is very strong. Zhang Dawei also believes that although the central ministries and commissions have repeatedly stressed that they should not relax regulation, the regulatory policies have already appeared to be loose. According to statistics from the Beijing Zhongyuan Market Research Department, up to now, there have been nearly 40 cities with different levels of fine-tuning of the property market regulation policy. “The local policy has been fine-tuned and the intensity has been further increased. In addition to the original policies of buying houses, raising the amount of provident fund loans, and raising the standard of ordinary houses, some cities provide 4% of the purchase price for individual purchases of finished houses. 6% of government incentives, relaxation of urban settlement conditions, and substantial increase in the amount of provident fund loans have significantly exceeded the previous policy fine-tuning." Zhang Dawei said. However, if the eight countries are introduced in 2011, the above policy does not actually violate the latter's "principle" provisions. Local requirements for developers to keep a low profile? What is the name of the local fine-tuning in the end, will housing prices rise? The State Council sent an inspection team to look at it on the spot. However, can you see if it is true? Recently, Nanjing, which is the latest "fine-tuning" such as "321 talents are not allowed to buy", may be the first touchstone for the inspection effect. Some insiders told this newspaper that the Nanjing Municipal Government has “greeted” with some developers of hot-selling properties. The latter will not adjust prices in the near future, and will also reduce the promotion in the media. However, a number of developers in Nanjing told this newspaper that they have not received any invitations from the government to make an appointment or to participate in a symposium. A developer in Guangzhou told this newspaper that according to his understanding, there is no government in the local area to require developers to “low-key” in response to the supervision, and Qiaoxin Group’s average price in Zhujiang New Town is as high as 70,000 yuan per square meter. The luxury house project has also received pre-sale certificates in the near future. Chang Qing, the research department of the chain real estate market, said that the special supervision of the State Council will undoubtedly increase the market's tight expectations for the second half of the year. The central government will also strictly control the fine-tuning policies of local governments in trying to save the market. The red line that was loosened before the local control will be redefined. Therefore, it is not excluded that the loosening policy adopted by individual cities has been suspended. In addition, Changqing judged that this special inspection will not have a direct impact on the current high market turnover. It is only equivalent to a market signal. The final supervision result is especially true for the subsequent control policies. The essential.

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