Kunming, Yueyang, Tangshan and other places have issued "price limit orders". What signals were released?

Limit down and limit up in parallel, the current property market can be described as ice and fire, can you still buy a house? This should start from mid-August, when Yueyang issued the first national limit order, clarifying that the transaction price of new houses should not be lower than 85% of the filing price. Since August, many cities have joined the ranks of price-fixing orders. What's more, they provide subsidies to property buyers. Guangzhou, Hangzhou and other cities are busy tightening policies while making price limit orders to prevent excessive housing price growth. Is it a good thing or a bad thing that the price limit is parallel with the price limit? What kind of signal is released behind this?

The daily limit and the daily limit are parallel.

In fact, limiting the decline and the increase are both means for the country to stabilize the overall economic situation. Judging from the experience of previous economic crises, ten crises and nine property markets have stabilized the overall economic situation in the general direction. In addition, the goals are different. Generally speaking, the restrictions are all industries that lack pillars in the third and fourth lines. Cities with excess inventory are considered as the local property market plummeting, which will cause a series of unpredictable consequences. Restrictions are mainly concentrated in cities where the population continues to flow in. It is this policy that supports housing rather than speculation, and also aims to cool the overheated real estate market. The future trend is to be stable and return to rationality.

Why should we limit the decline? Mainly because many cities in our country rely too much on land finance and land transaction tax, the trend of house prices plummeting will inevitably reduce the income of local governments. Secondly, the banking industry can't bear the consequences of the plunge, which will lead to an increase in the behavior of abandoning houses and cutting off supply, which will lead to a large number of bad debts, and the pressure on the financial sector will also increase. Many industries will not function normally, unemployment rate will rise, and the whole economy will fall into a downturn. Therefore, the release of the price limit order is mainly due to the consideration of stable social and economic operation.

Yueyang price limit order

However, the official price limit order can't change the pressure of housing enterprises to withdraw funds from inventory and can't reduce prices. Developers will inevitably attract buyers through parking spaces, property fees, decoration and other means, which is also a disguised price reduction behavior. However, the sustainable development trend of the real estate market in China has made buyers in China develop the habit of buying up and not buying down. Just-needed buyers think they can wait for a bargain and take a wait-and-see attitude. There is no silver restriction in 320 yuan, and there is no restriction in 320 yuan, which makes real estate speculators lose hope. Anyway, it's getting cold, and the spring of the property market is coming. The double-track restriction of falling and rising means that they hope to appreciate by buying a suite for several years, and the opportunity to make a fortune has passed. All real estate speculators need to calm down and not focus on the past property market. The country has made great efforts in the fields of entertainment, education, internet and real estate, which also means that under the premise of overall social and economic stability, houses are gradually returning to use value. Therefore, although this is the autumn of the property market, it is also the harvest season of the housing policy. The property market looks at policies in the short term and land in the medium term. In the long run, whether you can buy a house depends on yourself, unless it is just needed locally. For people who don't need to buy a house, it is actually a good thing. With the policy of no speculation, you will have a greater chance to buy a house that is more suitable for you and have a beautiful home of your own.