Since the direction of "ineffective regulation requires accountability", various parts of the country have staged major regulatory dramas, and everyone is trying their best to "control land prices and stabilize housing prices", and it must not continue to rise.
But some cities are worried about controlling the decline in housing prices, such as Kunming, Shenyang, Guilin , Yueyang ...
Kunming, Yunnan: There is no lowest housing prices, only lower.
Sunshine City Dianchi Banshan, original price is 16,000/square meter, recently launched a batch of project payment houses 0,000~11,000 yuan/square meter;
Greenland Sea City, original sale The price is 12,000 yuan/square meter, now the mortgage starts at 9,162 yuan/square meter, the full payment of ,597 yuan/square meter...
Evergrande Cultural Tourism City, the original price is 7,800 yuan/square meter, Now the mortgage starts at 3,800 yuan/square meter, My husband is tempted by the price drop and asks me if I want to buy a retirement vacation?
Excellent Dianchi Qingcui project, high-rise building is 12,000 yuan/square meter, you can see the price of Dianchi Lake 15,000 yuan/square meter, but now the special price house is as low as ,000 yuan/square meter.
R&F Cultural Tourism City, original price is 12,000-14,000 yuan/square meter, now has a second half-price house of 7,000 yuan/square meter;
Country Garden KCC Yunnan Imaging, original price is 9,080 yuan/square meter, now only sells 6,800 yuan/square meter.
All new houses are not lowering prices, are on the way to lower prices.
htmlKunming's housing prices fell first in the country in June. If nothing unexpected happens, it will be difficult to escape the tragic situation in July.
According to the statistics of Kunming Ruili, the average transaction price of new houses in Kunming in July was 14,702 yuan/㎡, down 5.6% month-on-month and 4.7% year-on-year.
Local industry partners in Kunming told me that school district housing and high-quality second-new housing in core areas are still relatively resistant to declines.
The areas with a large decline are mainly around Dianchi Lake. Due to environmental protection policies, Kunming's development will be far away from Dianchi Lake in the future.
Now the developers are really anxious. Houses around Dianchi Lake are not easy to sell, and loan policies are tightened in various ways. Refusing to loans has turned away many home buyers who are willing to buy houses. In order to return funds, developers can only reduce prices and promote promotions in various ways. Whether or not they make money is another matter. Survival is more important than anything else.
The price reduction in Dianchi Lake is too harsh, and even the government can't stand it. After all, the first priority of "stabilizing housing prices" is to not soar or plummet.
New houses in some suburban areas of Kunming are sold directly at half price, which is already a plunge.
htmlOn August 11, the Kunming Housing Association organized the TOP30 real estate companies and large brokerage companies to hold a symposium on the work requirements of "stabilizing housing prices, stabilizing land prices, and stabilizing expectations" and proposed:
will strengthen market supervision and supervision, discover phenomena that disrupt the market, especially malicious price reduction behaviors, promptly report them. The relevant departments will first interview the relevant real estate projects. If there is no rectification, the online signing of the project will be stopped if the circumstances are serious.
Simply put, price reduction is not allowed. If developers are disobedient, they will suspend online signing.
You should know that Kunming's economy is very dependent on real estate . Once the real estate market starts a wave of price reduction, developers are unwilling to acquire land, and even after acquiring the land, they dare not start construction.
In this way, local economic growth rate and financial revenue will be affected.
020 Kunming 1 Land finance dependence reached 96% ; in 2019, Kunming's real estate development investment accounted for GDP and reached 32.7% , ranking second in the country.
However, after the market decline this year, The total real estate investment in Kunming fell to 10% in the first half of 2021, and has begun to shrink.
After real estate investment declined, Kunming's economic growth rate in the first half of 2021 was only 8.2%, lower than the province's 12%.
In a word, Kunming's economy is currently inseparable from real estate, especially now that the impact of the epidemic has caused Kunming's tourism industry to be greatly impacted. In this case, real estate must be firmly grasped, otherwise the KPI cannot be completed.
Can I still buy it in Kunming?
Of course, Kunming is still a provincial capital city after all. The population of Qipu has increased by 2.03 million to 8.46 million, almost the only city in Yunnan Province with a huge population growth. Others can even ignore Xishuangbanna .
The last round of Kunming's market peaked at the end of 2018 and began to enter the adjustment period in 2019. I haven't sold much land in the past two years and the inventory is not large. I expect it will bottom out by the end of this year. You can take advantage of this period of time to get on the bus.
And the current government's decline restriction order is actually saving the market in in disguise, conveying the market confidence in buying a house, so I think the urgent needs and improvements can enter the market boldly when the current sharp drop.
If you invest, you must choose a location, give up the remote suburbs, and return to the main city. Only the main city has local purchasing power support and room for appreciation.
If you are a foreigner, Kunming is like spring all year round, and retirement vacation is really good. Cultural and tourism real estate is purely a consumer product. Those with money can consume willfully.
Shenyang: Price reductions are frequent! The developer cuts the price by 30% and was summoned to talk to
also requires that Shenyang, the provincial capital city that does not allow price reduction.
According to China Real Estate News, a property in Wanda, Shenbei New District, Shenyang City launched a price reduction property in early August:
The original price of houses of 11,000 yuan per square meter was reduced to 8,000 yuan per square meter for sale, a decrease of nearly 30%, attracting many home buyers to queue up at the sales office overnight. After the report of
, everyone found that not only this new property, some people have counted all new houses in Shenyang, ranging from 500 yuan to 5,000 yuan. After the report came out, everyone noticed that the housing prices in Shenyang have now started to "price reduction wave".
in the first half of this year, Shenyang's new house transactions were 5.52 million square meters, a year-on-year decrease of 10% and a month-on-month decrease of 3%, and the transaction volume continued to decline.
New houses are reduced, and second-hand houses are also difficult to sell.
Due to concerns that the price cut will trigger a series of social instability events.
htmlOn August 6, the Shenbei New District Real Estate Bureau took the lead and jointly held talks with the Urban Construction Bureau, Education Bureau, Market Bureau, and Public Security Bureau Law Enforcement Bureau to interview many real estate companies.
criticized these real estate companies that have lowered prices and verbally warned everyone to follow the development laws of the real estate market and try to avoid attracting home buyers with price advantages to achieve sales purposes.
The meaning is very clear. Even if the house cannot be sold, it cannot be reduced.
According to local media reports in Shenyang, some developers have now recovered preferential policies for each project, and the special housing supply and other exhibition boards in the case have been removed.
The reason why Shenyang has fallen to this point is that is because of the release of "Shen Ba Notices" last year, which stipulates that the down payment of the second set is increased to 50%, and the period of VAT exemption is adjusted from 2 years to 5 years.
This knocked down the Shenyang real estate market.
I have to say that the anti-pressure resistance of real estate in non-hot cities is really too poor, and I can't stand the regulation at all.
I have never recommended that you invest in cities like this. After all, the fundamentals of the industrial economy are poor, there is less "fresh blood" flowing in, and the return on investment is still a bit worse than that of the first and second tiers.
Guilin, Guangxi: Housing prices plummeted
In fact, Guilin developers have looked for us two years ago, hoping to bring goods to them, but I refused it immediately. I am not optimistic about the products I am not optimistic about, and I will definitely not recommend them to everyone. (Old fans all know that the special publications are all advertisements, so don’t take them seriously.)
I remember that in 2019, some cultural and tourism products in Guilin were about 6,000 yuan, and they had a fracture at that time. They also promised an annualized rental return of 3%, which is counter-rental, etc. This is already very cheap!
Never expected that House prices continued to fall to 5,000 yuan in 2021, and they vomited blood directly.
019 Guilin Lingui District housing prices
021 Guilin Lingui District new house prices
I compared it. In 2019, many new houses in Guilin Lingui District sold for more than 6,000 yuan. My friend was also greedy for cheap at the time and couldn't help but buy it.
Now his house has dropped to 5,000, and he has also paid more than two years of monthly payment, and he has lost all his underwear.
Similarly, the local government quickly convened all developers to hold a meeting to rectify.
Lingui District Mayor held an emergency meeting and asked major real estate companies to join in groups and discipline themselves, resolutely resist price reduction and selling, and those who lower prices will not be signed online.
This trick is exactly the same as Kunming. It also uses not to sign online to deter developers and does not allow price reductions.
I also reported on Yueyang's real estate market last week. It is also because the market continues to decline, and the local government personally issued a "decline order".
Just like Kunming, many places rely heavily on the development of real estate, both in terms of economy and finance, and cannot afford the losses of falling housing prices.
It can be predicted that in the future, there will be more and more news about "decline order", so don't be surprised.
I looked at the cities that reduced prices in July: Kunming, Guilin, Luzhou , Nanchong , Zunyi , Dali , Shaoguan , Changde , Yueyang, Pingdingshan , Ganzhou , Anqing , Qinhuangdao , Hohhot.
House price index of 70 cities in July 2021
Basically all cities with poor economic fundamentals, or cities dominated by tourism, focusing on cultural and tourism real estate.
Like these cities that keep reducing prices, it is very likely that the next city with a "decline order".
These places where the government does not allow price reductions, can you invest?
definitely can't, it means that the government does not have the confidence. Look at cities with strong economic conditions, you can regulate them at will. If you want to reduce them, everyone will be confident. I can't say that
is cheap but not good. This sentence is hard to say in other fields, but it is an ironclad fact in the real estate field.
Don’t be greedy for cheap houses in the future. The cheaper the more you are, the bigger the pit. Either the location is bad or the city is bad.
Any high-quality asset will never be cheap, and the threshold for real estate investment will become higher and higher in the future.
