The Ministry Of Housing Said That Real Estate Regulation Will Not Stop Halfway.

Yesterday, the Beijing Real Estate Association of the Federation of industry and Commerce sponsored the "2010 real estate situation seminar", deputy director of the Ministry of housing policy research center Wang Juelin said that the ongoing real estate regulation has achieved a phased effect, the current round of regulation will not stop halfway.

Wait-and-see in Beijing and other cities

This round of real estate regulation has begun 1 and a half months, Wang Juelin said, the phased effect of regulation is obvious. First is the stagflation of housing prices. According to the National Bureau of statistics, the sales price of housing in 70 large and medium-sized cities increased by 0.2% in May, or 1.2% from April. In addition, Beijing, Shanghai and other cities in the first tier property market wait-and-see.

Wang Juelin believes that the market outlook will be longer than expected. So far, apart from Beijing, Shenzhen and other cities, many local governments have not issued detailed rules and regulations for implementing the State Council's regulation. The longer the local regulatory measures are, the longer the wait and see period will be. To shorten the wait-and-see period, local governments should pay close attention to the detailed rules and regulations, increase the handling of illegal behaviors such as hoarding, hoarding, and increase the supply. {page_break}

The current round of property market regulation is different from the past.

Wang Juelin said that at present, including some local governments, the main body of the market's ability to regulate the property there are some doubts. Some even believe that several previous market regulation eventually ended with "Relaxation" or "bailout" and concluded that the central government might rescue the market in the second half of next year or early next year.

"This regulation is different from the past several regulation, this time will not give up halfway." Wang Juelin said that several previous regulation were led by departments, mainly by local governments. The specific measures promulgated by the State Council are implemented by local governments. Secondly, this regulation is differentiated, that is, to combat investment, tilt homeownership and increase affordable housing. Rigid demand will not be affected. This also makes the central government do not need to worry about the impact of regulation on real estate or even economic development. In addition, this regulation has a great impact on the first tier cities with rising housing prices and little impact on small and medium-sized cities.

"In fact, the central authorities have made full preparations for the possible impact of the property market regulation. This year's GDP target is 8%, reaching 11.9% in the first quarter. 4 trillion of the investment is carried out in 2 years, half of last year, and half of this year. The driving effect of investment and consumption will continue to play a role this year. From this we can see that the central authorities have reserved a lot of space for regulation and control. " Wang Juelin said.