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Shenzhen has increased the regulation of the property market five times a month: a second-hand market has joined hands to cool down and "hit a new fever"
On February 8, Shenzhen Housing and Construction Bureau issued the Notice on Establishing the Reference Price Release Mechanism for Second-hand Housing Transactions. Shenzhen Housing and Construction Bureau pointed out that on the basis of investigation and analysis, Shenzhen Real Estate and Urban Construction and Development Research Center comprehensively formed the reference price of second-hand housing transactions in residential quarters in the city based on the online signing price of second-hand housing and referring to the surrounding first-hand housing prices, and released the reference price of second-hand housing transactions in 3,595 residential quarters in the city according to the principle of full coverage and regional grid.

In this regard, Zheng Shulun, managing director of Shenzhen Zhongyuan, pointed out that from the background of the release, the price of first-hand housing has been limited for a long time, while the price of second-hand housing has not been limited. Over time, the phenomenon that the prices of first-hand houses and second-hand houses are upside down is becoming more and more serious, which makes the sales unbalanced. Recently, we can also see that the new housing boom continues to rise. Even though a number of policies have been introduced to curb the upsurge of new houses, second-hand houses are seriously upside down. "Buying is earning" is deeply rooted in people's hearts, and it is uncontrollable to hit a new upsurge.

Zheng Shulun believes that the signal of reference price liberalization is that the government will start to control the price of second-hand housing. However, after all, the complexity of managing first-hand and second-hand housing prices is different. Second-hand housing is a lot of different small owners, which is difficult to control. Therefore, the government should start by increasing transparency. The price of second-hand houses is different from that of new houses, which are all publicized, but the quotation of second-hand houses is not transparent. By announcing the reference price, the government allows the market to trade in a transparent price scenario, and guides the price of second-hand houses to move in a more reasonable direction, which is a bit like the central government's practice of trading stocks, unifying quotations and trading at this price.

However, it is worth noting that the reference price of second-hand housing transactions released this time is generally lower than the latest transaction price displayed by the intermediary platform.

Take Phoenix Impression Garden in Luohu District of Shenzhen as an example. The official transaction reference price of the community is 75,700 yuan/square meter, but the platform of Keke Holding Company shows that the average listing price of the community is 96,047 yuan/square meter, and the latest historical transaction price of a second-hand house is 96,270 yuan/square meter.

Another example is the Red Golden Pavilion project. The official transaction reference price announced by the community is 43,700 yuan/square meter, but the platform of Ke Holdings Inc shows that the average listing reference price of the community is 59,982 yuan/square meter.

The Grand Hyatt Pavilion in Huaqiang North, Futian is also facing the same situation. The official transaction reference price of the community is 10.34 million yuan/square meter. According to the platform of Ke Holdings Inc, the listing reference price of this residential area is 167506 yuan/square meter, and currently there are 17 sets of houses for sale. However, the trading situation of the community is not displayed on the platform.

Zheng Shulun pointed out that the specific rules have not yet come out. Judging from the reference price announced now, it is far lower than the actual transaction price in the market, and it will be difficult to implement it. However, if it is seriously low, the owner will not sell it, and it is difficult for customers to buy a house at this price. Therefore, this reference price is mainly based on statements, telling the market that the government should start to control the price of second-hand housing. The next step does not rule out that the government will consider lending or even transferring ownership at the reference price.

In the second half of 2020, Shenzhen carried out a series of strict regulation on the property market. On July 5, 2020/KLOC-0, Shenzhen issued the Notice on Further Promoting the Stable and Healthy Development of the Real Estate Market in Our City (Shen Jian Zi [2020] 137) to strictly control the real estate market. The notice includes adjusting the purchase restriction period of commercial housing. Deep households and adult singles (including divorced) must have settled in this city for 3 years and can provide the date of purchase. Non-deep households and adult singles (including divorced) continue to buy commercial housing in accordance with the provisions of the city on continuous payment of personal income tax or social insurance certificate for 5 years or more before the date of providing proof of purchase. If the husband and wife divorce, within 3 years from the date of divorce, if either party purchases commercial housing, the number of houses it owns shall be calculated according to the total number of families before divorce.

Since then, Shenzhen has continuously increased the regulation of the property market. In the past month, for example, Shenzhen has introduced the tightening policy of property market regulation five times in a row, including strengthening the qualification examination of purchasing commercial housing, suspending online signing for those suspected of illegally purchasing commercial housing, optimizing the admission policy of renting points, and promoting the equal treatment of renting and buying houses.

Li, chief researcher of Guangdong Housing Policy Research Center, said that the Shenzhen municipal government's release of the second-hand housing guidance price is the first step. Follow-up to let the bank loan evaluation price and tax reference price follow this reference price. If the government guidance price can affect the bank's loan evaluation price and make the bank feel that the "reasonable level" of Shenzhen housing price is about 6.5438+0.3 million yuan, then the risk of the property market will increase above this price, so the guidance price is meaningful.

Li said that, in general, through the joint regulation of second-hand housing, the past situation of fragmented and staring at the part was avoided. However, it is necessary to strengthen the coordination between horizontal policies, such as increasing supply, restraining demand and controlling leverage.