Earthquake lower prices is nonsense

The impact of the earthquake capital market is indirect, northern Sichuan earthquake that house prices will fall even more is nonsense. The earthquake did not affect the real estate market in general, because areas of northern Sichuan essentially rural areas, do not belong to the majority of people affected by housing effective consumer groups. For the established real estate earthquake tightening of monetary policy, the real estate market, real estate companies are not caused by fundamental impact. Ultimately, whether the rising prices depend on two points. If it is owner-occupied housing demand, depends on the relationship between supply and demand and if the investment is housing consumption, housing prices rose on expectations. The current price in the end whether the collapse of a decline » The answer is no. According to the State Development and Reform Commission, the State Statistics Bureau survey data show that in April the 70 large and medium-sized cities housing sales price rose 10.1 percent, compared with March low 0.6 percentage points higher than the 0.2 percent Central, or lower than in March 0.1 percentage points. Whether there is expected to decline in housing prices » May exist. Is not based on declining prices, but now part of Urban Housing January 2 turnover decreased. To real estate transactions this week as an example, the Shanghai market transactions Central fell 5.65 percent, down for two weeks; Beijing Central than the market average daily turnover fell 1.9 percent in Shenzhen turnover dropped sharply 33.5 percent; Di Jiafang have dragged down the market Prices, market turnover fell in two consecutive weeks; Wuhan market transactions fell sharply 37.0 percent, prices rose 1.75 percent; Xi'an market average daily turnover dropped 15.0 percent; Nanjing market exception, a substantial increase in turnover of 58.6%. From the above data indicates that although housing prices remain stable, but the market turnover on the decline, indicating the market a strong wait-and-see atmosphere, the two sides in a stalemate Duokong stage. The quake shows that some low-quality housing construction and other issues, we need to do is through an intermediary body to monitor the quality of housing should not be oversight of the initiative to allow real estate developers, so that they own their own supervision, a lack of buyers Quality relief channel. However, poor quality housing is not an inevitable decline in real estate sales of reasons, from self-occupied consumption, the rigid demand still exists, but the real estate there is a change in consumption structure, mainly to meet the high-income sectors of the high-priced Gao Dangfang consumption will drop. If the reconstruction process of urbanization and the two-track integration, the disaster-stricken areas over the 10 million people, the inhabitants of rural areas into urban housing future consumers, they need is Dijia Fang and the Government has subsidized Housing prices. This means that the housing consumer groups expanded and housing prices would not rise. Investment in real estate facing two major risks, policy risks First, Second, the international market caused by the fall of the psychological impact. Policy risks beyond doubt, the Government continues to tighten the money supply, and roots, while tax policies for investment in housing disadvantage, the increase in cost would result in decreased revenue, and limit the access to markets will be expected to have a negative impact on housing prices. When the expected revenue can not offset the risk, investment in housing will be substantially down. Shenzhen and other places are experiencing an increased risk of investment, investors gradually withdraw from the market pains. First of all, this impact real estate, some intermediary Juankuan flee There is no doubt reflect the real estate market chain cracks. Next will be the impact on cash flow is inadequate, two years before the land was crazy enclosure assets confuse the real estate enterprises, such as Hengda property. Although the Hengda real estate financing to performance, but probably not enough to microfinance to help them tide over their difficulties. In a month or two, the real estate industry will reshuffle the superficial, Chao Chan, the acquisition of real estate enterprises will become the focus of topics of public concern. To the United States, Britain dominated the sharp decline in the real estate market in China will have a psychological impact on the real estate market, rather than actual impact. The loan-to-Although the most dangerous stage through, but due to financial and investment markets turn down the real estate inertia will not change. U.S. housing market accounted for the majority of second-hand housing sales in April continued to decline 1 percent, or also set a new historical low. Analysts expect the U.S. housing market is expected to appear at least until the second half of substantial recovery, it is still relatively optimistic estimates. British house prices in May and a November 2005, the biggest decline. In view of China's real estate market strictly control the inflow of foreign capital, the international real estate market will not fall on China's real estate market caused a direct impact. U.S. and British real estate market changes from the increase in financing costs, which are enlightening for our country. China's real estate market will be a structural change, the consumption structure, real estate developers will gather in the real estate market to a major reshuffle of the process, with the result that the market structure changes, increase housing prices decline. But there is no strong evidence that China's real estate market there will be unforeseen downturn. Rates will be linked with the earthquake is Buzhebianji.