The bank plans to invest 30 billion yuan to establish a housing lease fund. What do you think is the impact?

As far as the real estate market is concerned, the purchase of the stock assets of housing enterprises by leasing funds is mainly the stock assets of housing enterprises with high cash flow pressure, which helps the problem housing enterprises to withdraw from the market relatively smoothly, cuts off the transmission chain of housing enterprise risks to the whole housing system and financial system, and realizes risk isolation. In this sense, it is conducive to the stable development of the entire real estate market.

1. In addition, from the perspective of new housing supply, this part of the supply will be withdrawn from the primary housing market, which will reduce the supply of new housing, help stabilize local primary housing prices in a short period of time, and also help other stable housing inventory projects to smoothly withdraw. But in the medium and long term, with a large number of futures,

The entry of high-quality and cheap rental properties into the market will effectively curb local rental prices, and will also reduce the demand for just-needed housing, thus affecting second-hand housing prices.

The lattice produces depression. Therefore, in the medium and long term, the high probability of housing prices in the above areas is at a low level for a long time.

Of course, we should pay attention to regional differentiation. Most of the problematic projects are concentrated in second-and third-tier cities and below, so 30 billion housing leases.

The fund also mainly affects the real estate market in second-and third-tier cities and below.

For the first-tier cities where demand has been firm and housing prices have been firm, there are few unfinished projects, which are naturally not limited by the housing rental base.

The influence of gold.

In the future, the differentiation trend of domestic real estate market will be further intensified, and the effect of maintaining and increasing the value of real estate projects in different regions will be very poor.

It's different.

The land system is based on the free tenure system, and the land planning lies in the government's emphasis on environmental protection, so it will ask the supplier of residential land.

Title: Land is privately owned but unevenly distributed, which will lead to a result that the government land supply is scarce and developers are scrambling to push up land prices.

Flour is expensive, and bread naturally rises when it comes out. The uneven distribution is due to the unique lifelong system in Britain. The land is nominally owned by the royal family, but the free holder of the land can freely and permanently transfer the land rights. Is the actual holder of this land. More than 80% of the land is freely held by individuals.

Second, there is a detail that everyone needs to know. Even so, at least 1/3 of the land is still in the hands of a few nobles, which is the root of uneven distribution. Moreover, the government controls the development properties of big cities, limits the land available for development, and the government despises the need.

Beg. From the financial point of view, the financial system is free, the currency is over-developed, the leverage ratio of residents is extremely high, the inflation rate is very fast, and the financial coverage is wide.

The loose soil began with the abandonment of Keynesianism after Margaret Thatcher came to power. First, the foreign exchange control was abolished, and then the credit contract was cancelled.

And the complete marketization of deposit and loan interest rates.

Here is a data of currency inflation: from 1980 to 20 14, the average annual growth rate difference between m2 broad money supply and GDP in Britain is

4.6 percentage points. In Britain, the average annual growth rate of CPI has reached 4.8%. Before that, Uncle Cat gave everyone a data, m2 and GDP.

When the growth gap is large, in other words, it is the growth rate of m2. If it exceeds 1 1%, then the house price will definitely take off. After all, money will flow out.

There must be a pool to store it.

Of course, low down payment, long cycle and people's high leverage will further push up the incentives for soaring housing prices. The mainstream down payment ratio is usually

20%~30%。 If the lender is qualified and willing to bear a higher initial interest rate, it can simply pay a new one with zero down payment.

Home, a bit like America. By 20 17, the average down payment ratio of British residents will be 28%.

Third, the proportion of buying a house for the first time is as low as 2 1%, which shows that everyone is beginning to replace it now. Many people have asked Uncle Cat before, do you want to invest in British real estate? It is estimated that more than 80% people will be discouraged by the tax system!

The British tax system is the principle of heavy taxation in transaction links, and it is a heavy tax in Fannie and Freddie, which inhibits speculation and has soil.

Stamp duty on land is levied according to the value of the house. Moreover, the tax rate is too high and progressive. If you buy the first suite, the house tax is 0- 12%

In fact, each tax rate is increased by 3-4 percentage points. And if you want to transfer the investment house, he also needs to charge interest on the funds.

Tax, while the personal income tax is 20% of the basic tax, the taxpayer's capital gains tax is 18%, and the individual tax is 40%~45% of the high salary.

The additional tax rate, taxpayer and capital gains tax is 28%. If death, gift or inheritance occurred 7 years ago. You must pay the inheritance.

Tax, and the maximum tax is 40%. ?

In the maintenance link, the British government's system of collecting property tax on existing housing focuses on grading, that is, housing is divided according to house prices.

Room grade. The average tax rate in 2007 was 1.8%. Generally speaking. It belongs to heavy trading and light possession. There used to be a plan called option plan, which meant allowing people. In the case of long-term lease of affordable housing, tenants are allowed to buy leased housing at a discount. So this has promoted the process of housing privatization.

4. From 1980 to 2004, Britain sold 1.82 million sets of social housing, accounting for 7.8% of the current housing stock, which also promoted the improvement of housing ownership rate.

However, when privatization begins to increase, social security housing will decrease, and then the government will introduce other means to support low income.

Houseless families buy houses, such as houses with property rights, for the first time. Does this word look familiar, like ours?

On the edge of Fannie and Freddie, affordable housing, self-occupied commercial housing, now * * * has property rights.

The advantage of this is that everyone has a house to live in And formed a hierarchical division, which really solved the problem of social supply and demand. The downside is. House prices are too high, vitality is diluted and innovation is low.

But Britain is different. Britain is an immigrant country, so the demographic dividend is still beneficial to Britain. I want to say one more thing here, Zhu.

The rent and income of people renting houses should also be included in personal income tax, and the tax rate is as high as 45%. So the conclusion is clear.

Yes This belongs to a state that can only enter and cannot exit.

To sum up, land supply is insufficient, interest rates are low, leverage is high, and money is oversupplied. But what is different from other countries is the population. hero

China's population is an immigrant country with a long-term growth trend, and its structure is relatively young, which supports the foundation of high housing prices. From 1850

By 20 17, the total population of Britain has nearly tripled, with a compound growth rate of 0.66%. So the net inflow of British immigrants.

Constantly accelerating. According to incomplete statistics, 72% of British buyers are between the ages of 25 and 40. So here we get a basic idea of whether we can speculate! The security policy meets everyone's needs. Population supports the number of players! The steady rise in house prices is indeed

Set the expectation of players entering the market! And we have to face not only the number of new players, but also more changes that need to be made.

Location.