This paper briefly analyzes the reasons why the real estate price in China has remained high. How can we lower the real estate price in China?

Looking back on 20 10, the state has issued the following policies to regulate the real estate industry, but personally feel that the symptoms are temporary, not permanent, for reference.

(1) Land use plan for affordable housing; On March 22nd, the Ministry of Land and Resources held a teleconference on land and resources system, which once again emphasized the need to strengthen the supply and supervision of real estate. For the first time, it is proposed to formulate a land supply plan for affordable housing. Before the land use plan is announced, the housing land shall not be sold, and pilot projects shall be carried out in some cities to adhere to and improve the land bidding, auction and hanging system.

(2)78 central enterprises withdrew from real estate.

(3) Article 19. On March 10, the Ministry of Land and Resources issued a special document for the renovation of real estate land-Notice on Strengthening the Supply and Supervision of Real Estate Land (hereinafter referred to as "Article 19"), which included 19 new land regulations and defined the specific requirements for the supply of affordable housing land, the transfer of commercial housing land and the crackdown on land hoarding.

(4) On March 9, the deed tax concession for the first suite was tightened. On March 9th, the Ministry of Finance and State Taxation Administration of The People's Republic of China jointly issued the Notice on Deed Tax Policy for First-time Purchase of Ordinary Housing, pointing out that if two or more individuals * * * purchase ordinary housing of 90 square meters or less, and one or more of them has a purchase record, the preferential deed tax policy for first-time purchase of ordinary housing is not applicable to both buyers of this property.

(5) Cancel the 30% discount on interest rate.

(6) Tightening preferential policies for improved housing: As long as families (including borrowers, spouses and minor children) who have used loans to buy houses and applied for the purchase of a second or more houses, the down payment ratio of loans shall not be less than 40%, and the loan interest rate shall be set strictly according to the risks. Obtaining credit concessions in the name of improving housing no longer exists.

(7) The increase of deposit reserve interest rate: The impact on real estate lies in controlling the amount of bank loans, affecting developers' development loans and increasing the pressure on developers' loans.

(8) Drafting of the Housing Security Law: 654381On October 29th, Wang Zhenmin, a professor at Tsinghua University Law School, revealed that China has started drafting the Housing Security Law, clearly stipulating that governments at all levels will be held liable for failing to provide housing security. At the same time, all localities have paid unprecedented attention to affordable housing.

(8) Affordable housing and ordinary housing shall not be less than 70% of residential land; The Ministry of Land and Resources issued the Notice of the Ministry of Land and Resources on Improving the Implementation of the Application for Urban Construction Land Approved by the State Council on June 5438+1October 2 1, pointing out that when cities apply for residential land, the proportion of affordable housing, low-rent housing and small and medium-sized ordinary housing land shall not be less than 70%.

(9) Article 5: 65438+ 10/0 the State Council issued the Notice on Promoting the Stable and Healthy Development of the Real Estate Market, which clearly put forward five measures to strengthen and improve the regulation of the real estate market, stabilize market expectations and promote the stable and healthy development of the real estate market. This is the first policy of the state to regulate the property market this year, which is called "National Five Articles" by the industry. The most important thing is to make it clear that the down payment for the second home loan should not be less than 40%, and the second home should be calculated on a family basis; Crack down on developers hoarding houses and land, and let pre-sold commercial houses be put on the market at one time.

(10) Strict second home loan: June 65438+ 10/0, and the Notice on Promoting the Stable and Healthy Development of the Real Estate Market (Article 1 1) was issued, which clearly stated that the down payment ratio of second home loan should not be less than 40%.

(1 1) Define the first-time housing purchase standard: From 20 10, the first-time housing purchase standard will be determined by households (couples with minor children). Relevant departments said that this policy is mainly to provide supporting standards for relevant preferential policies such as deed tax. This time, the definition standard will be changed from "individual" to "family", which will further narrow the crowd of first-time buyers and crowd out some buyers who originally planned to play the sideline.

(12) Cancel the preferential business tax for second-hand houses: starting from 1 this year, the period of business tax exemption for individual housing transfer will be restored from two years to five years. Individuals who purchase unusual houses for less than five years are subject to full business tax. This means that this year's preferential policies for the business tax on second-hand housing transfer will end on June 65438+February 3 1 month, and other housing consumption policies will continue to be implemented.

(13) Property tax is in the pipeline.