What is the impact of the reform of the camp on real estate?

What impact does the change have on real estate? You will understand after reading these three aspects.

Real estate reform will help housing enterprises reduce their tax burden, and the profit rate of corresponding enterprises will also increase because of the reduction of tax burden. At the same time, after the reform, the value-added tax contained in all enterprises' new real estate will be deducted, which will also have a positive impact on the first-tier cities with good fundamentals and their surrounding cities' property market.

What is the impact of the reform of the camp on real estate? You will understand after reading these three aspects.

I. Macro copy and data

1, the State Council Development Research Center: In 20 16, China's economy is still in the process of bottoming out, but this round of economic slowdown is expected to stabilize in stages, and the economic growth rate will gradually stabilize in the next two years, with an overall L-shaped growth trend.

2. Ma Jun, the central bank: The downward pressure on China's exports may exceed the original forecast this year, and investment in the secondary industry continues to slow down; Future real estate destocking measures can further hedge the downward pressure on the economy. 20 16 the improvement of fiscal policy easing is helpful to maintain the growth rate of infrastructure investment.

3. Wu Xiaoling, Deputy Director of 3.NPC Finance Committee: There will be no systemic risk in China. Compared with China, it is more worried about the financial risks accumulated by the global over-reliance on monetary policy. The continuous quantitative easing negative interest rate policy disturbs international finance, and negative interest rate does not help the real economy, which may increase the arbitrage of investment capital.

4. Feng Fei, Vice Minister of the Ministry of Industry and Information Technology: Overcapacity in all countries occurs in the period of high growth. Too much direct government intervention in enterprises and underdeveloped market mechanism are also the reasons for the overcapacity in China. China should treat both the symptoms and root causes of overcapacity.

5. Chinese Academy of Sciences: The key to the supply-side reform in the next step is to reduce the government's intervention in the market, that is, to reduce the government's direct participation in resource allocation. The government should mainly do six things, including deepening reform, stabilizing macro-economy, strengthening and optimizing public services, strengthening market supervision, promoting common prosperity of the two and making up for market failure.

6. Kang Jia, a member of the Chinese People's Political Consultative Conference: PPP is more suitable for enterprises that agree to cooperate with the government to obtain non-profiteering but rewarding. The government must find private capital with obviously different preferences from venture capital and venture capital to cooperate.

7. Hu Xiaolian, Chairman of The Export-Import Bank of China: The implementation of the Belt and Road Initiative provides a good opportunity for the cross-border use of RMB. Both banks and enterprises hope to have a relatively stable RMB exchange rate level, which is very important for the wider use of RMB.

8. Cai Fang, Vice President of China Academy of Social Sciences: During the Thirteenth Five-Year Plan period, the potential growth rate will further drop to 6.2%, which is the growth rate that the supply side may guarantee without other changes. Before 20 10 in the period of reform and opening up, the potential growth rate was about 10%, with an average of 7.6% during the Twelfth Five-Year Plan period.

9. CIRC: The risk of using insurance funds is generally controllable. Up to now, the allocation of large-scale assets of insurance funds is that fixed income assets with high credit rating account for about 75%, and equity investments such as stock equity account for 23%; Qianhai Life Insurance authorized Vanke not to violate the rules.

10. Starting from May this year 1, four industries, namely, construction, real estate, finance and life service, will be included in the pilot scope of camp reform. The tax rate of 1 1% is applicable to the construction industry and real estate industry, and the tax rate of 6% is applicable to the financial and life service industry, and real estate is included in the deduction.

What is the impact on real estate?

1) real estate reform will help housing enterprises reduce their tax burden, and the profit rate of corresponding enterprises will also increase because of the reduction of tax burden. At the same time, after the reform, the value-added tax included in all new real estate enterprises will be included in the scope of deduction, which will also have a positive impact on the first-tier cities with good fundamentals and their surrounding cities.

2) With enterprises joining the army of home buyers, there will be more capable and motivated enterprises investing in real estate, and the upsurge of buying high-quality residential real estate is about to break out!

3) If the real estate license is more than 5 years old, it is bad news, because the original price is very low and the value-added part is very large. If the value-added tax is increased according to 1 1%, the tax burden will be very large, which will inevitably lead to a sharp drop in house prices;

4) After the reform of the camp, buying and selling second-hand houses for two years need not be considered, because they are all paid according to the value-added part, and the state encourages trading and circulation.

Second, investment and financial management

1. Guoxin Securities: The actual effect of lowering the refinancing interest rate by securities is limited. The downward adjustment may indicate that the signal at the bottom of the market is more obvious from the perspective of funds, and the market outlook should not be too pessimistic. It is suggested that we can focus on leading brokers with strong pessimistic expectations in the previous market.

2. Haitong Securities Li Xunlei: Although it is generally believed that the relationship between the stock market and the economy is like the relationship between a dog and a dog's head. Dogs sometimes run in front of people, sometimes fall behind people, and are led by the nose after all. However, A shares are further away from economic fundamentals. The real master of the stock market is someone who can accurately figure out the psychology of retail investors and is anti-human.

3. Economic Information Daily: Market participants close to the Shanghai Stock Exchange revealed that the Shanghai Stock Exchange also felt very wrong about the changes in the war situation and had no psychological expectation for a sudden stop. It was not until March 3rd that Gui Minjie, chairman of the Shanghai Stock Exchange, told the media that the preparations for the battle board were progressing smoothly.

4. Broker China: Zhongji opposes "protecting the shell" and "dropping the shell". Those private fund managers who record products for the purpose of shell protection, do not have the corresponding operating conditions and management capabilities, and cannot afford the corresponding costs will be eliminated.

5.265438+20th Century Business Report: By the end of 20 15, * * insurance companies owned 36 listed companies, with an investment balance of 3,650.53 million, accounting for 3.26% of the balance of insurance funds. It mainly invests in blue-chip stocks with low valuation, high dividend yield and outstanding investment value, and the investment balance accounts for 93% of the total placard balance.

6. Debt-to-equity swap is a very creative idea, but the performance of China stock market is not very good, so it is difficult to put people's wealth into the stock market, mainly because the information is not smooth and the market efficiency is low.

7. Xinhua News Agency: The head of a private equity research department in Shanghai believes that the strong pattern of the gold market is still difficult to break in the short term due to the policy environment of safe-haven demand and negative interest rates. However, it is worthy of investors' attention that after the previous surge, the market's expectation of the future of the gold market still needs to be cautiously pursued. Third, the public * * *

1. Wang Zhaoxing, Vice Chairman of the China Banking Regulatory Commission: Under the background of financial support to protect residents' housing, real estate speculation has caused new leverage problems and overheated real estate to form a bubble. Also pay attention to prevention. Therefore, the financial policy should prudently support the development of real estate, and this policy has not changed.

2. Liu Shijin, former deputy director of the State Council Development Research Center: The total urban population is seriously divided. At present, the driving force behind the skyrocketing housing prices in first-and second-tier cities is population mobility. More and more people are gathering in the Pearl River Delta, Yangtze River Delta and Beijing-Tianjin-Hebei region, but the urban population in Northeast China is rapidly losing.

3. Xinhuanet: In response to the recent overheating of real estate transactions, Shenzhen Internet Finance Association recently issued a notice requesting its Internet finance member companies to stop "crowdfunding speculation" in real estate finance business and carry out self-examination and self-correction and industry clean-up.

Third, international

1, former US Secretary of State Henry Kissinger: There is no Thucydides Trap between China and the United States, where "the newly rising powers will inevitably challenge the existing powers and war is inevitable". At present, the development trend of international relations is to resolve conflicts and establish order, and both China and the United States are taking actions to this end.

2. Winner of the Nobel Prize in Economics: The slow growth of the world economy is entering a "new mediocrity" or "morbid" development. The probability of achieving high-speed growth is relatively small, and the possibility of economic deterioration is relatively large. In particular, monetary policy can no longer play a further role, and fiscal policy will be more effective.

3. CEO of UBS: Tobin tax will damage China's credibility in currency. If a tax is levied, it will not only hit speculation, but also hit long-term investors. Open market, liquidity and tax exemption are very important to gain credibility.

4. JPMorgan Chase: The onshore China bond market should be included in the evaluation scope, and whether to include the emerging market bond index should be considered. If the assessment is passed, it is expected to attract billions of dollars of foreign investment into China, thus supporting the RMB exchange rate.

I hope it works for you.

Hope to adopt, thank you.