Sunday, January 16, 2011

Beijing cheap land sale will not help lower prices

 Beijing cheap land prices also help reduce the
2010   02 24, Lake 4.54 billion bid floor price of regular business land 9807 yuan / square meter, compared to industry forecasts lower half of the reasonable prices, often the location of business land In the specific scope is: east planning Daxinzhuang Road, south camp often Planning Street, west of Road Planning, building homes, north to Chaoyang North Road, can be very advantageous geographical, often camp in the vicinity of the new second-hand house prices close to the tower 20000, Lake Cored built with the comprehensive cost of land will not exceed 14,000 yuan, according to the new property ownership certificate if the local sale price of 22000 is easy to say, profit margins as high as 57%, Moreover, there is a two-year construction period The project will be 100% of the overall profit margin given the board to do nails,
auction site, can not help but think of the original Guangqu 16, now known as the first city to international land auction, bid at the second Urban Construction Group The accident marked the king made, to get to the cost of only 6,300 yuan, when he promised the completion of the home sales price less than 9800, but the reality they are only a few buildings with 13,000 sold, and now can not buy even if the 29800 post of the house!! low does not give buyers premium, but transformed into a real estate excess profits!! this time won the price of the slogan is only a slogan, because you really want to honor their commitments Urban Construction Group 10,000 / m to sell the house, then, must inevitably lead to a Millions of people actually buy in chaos!!
tell a car has both left Beijing by train those who should have had experience, that is, living in Beijing and Hebei, and social gap between the level of the shock in the domestic Hong Kong and the Pearl River Delta or the United States will not give the whole country to see such a strong contrast.
a world-class super-close to major cities Beijing, Hebei Province's economic and social development is less than the national average level of development! a big city development will cause the black hole phenomenon? lamp black is really inevitable? The answer is definitely negative, Hong Kong's economic development achievements of the Pearl River Delta and the southeast coast of rapid development, played a star - similar to the role of the sun, fifty also proved in the same vision of great men.
how to play the Hong Kong stars like the sun's radiation, or to begin at the beginning, the early 80s in Hong Kong also started to rely on the rapid development of processing industry to become Asian tigers, but to enter With the late 80s the rapid increase in labor costs, the rise of the Mainland processing industry, there was a brief decline, Hong Kong choose not choose to lower the price of land to reduce prices or provide is to reduce the cost of public transportation and other living costs of students to improve
the competitiveness of the city, if at the time to do that can really play into the black hole effect of attracting a large number of flow, but it is against the Hong Kong authorities to the line of, and improve the city's construction of hardware and software environment, using market means to suppress the low cost of living increase value-added industry development in Hong Kong, Hong Kong, led a successful industry transformation, the core competitiveness of the city locate
shift from processing industries and services, financial and trade!! It is because of the way of urban management in Hong Kong to changes in the international authority of the investment agency has been ranked as the world's most competitive region, Hong Kong fully reflect the similar effects of the radiation driven stellar radiation of the entire southeast coast of the rapid economic development in the Pearl River Basin bit with the national forefront of per capita GDP, remember successful experience of the Hong Kong Government introduced the year, said Hong Kong Customs, just display, the real barrier is the cost of living, low quality of the population of illegal immigrants to people simply can not survive! quality and efficiency of Hong Kong people out of competition! course in Hong Kong when
also made a detour, 97 years before the first SAR Government does not extend the strict control of land policy, when it was announced more than 3 times the size of the calendar year average HDB construction (similar to the domestic economy and affordable housing) results coincided with the Asian financial crisis, the middle class completely lost confidence in the property market, housing prices plummet, not only did not play to attract talent to Hong Kong, but raised in Hong Kong for up to 3 years of serious economic recession since the construction of Hong Kong people still haunt the HDB. So the end of 2009, in the face of Hong Kong rapid rise in residential housing prices hit record highs, there is also the end of 700,000 Hong Kong dollars / square meter price transaction records, but Donald Tsang's policy address all still in the New Year in Hong Kong land supply plan stressed will not make any changes to the rise in property prices Hong Kong has always attached importance the basic role of market allocation of resources, not lightly foam
Mo!
there any way to solve the black hole effect in Beijing and throughout China to become the sun do shine, I believe that relying on administrative means to population of the evacuation is unjust and should be fully learn the successful experience of Hong Kong on the basis of respect for the market allocation of resources, measures to control transfers by central Beijing land revenue, effects of inhibition of the black hole.
first is to reduce the supply of land in big cities , in particular, construction of affordable housing to prevent hot money influx of large cities and population, increasing land supply is undoubtedly turned the oil on the fire, only to help the effectiveness of Beijing's Black Hole, the construction of affordable housing construction contributed to the phenomenon of unfair distribution of social resources, the only Beijing has reduced the supply of land is the best way to drastic.
substantial increase in the second largest land transfer, to develop their land suitable for urban competitive benchmark prices, housing prices in Beijing back in 2009 but proved to Beijing underestimate the value of the land in the long term after the normal return. to suppress and prevent the waste of land resources for sustainable development must be greatly improved Beijing's land transfer of the base price, the central government should adopt a special transfer payment of land transfer, which will be 50% of the centralization of financial management, and earmarking in the central and western establishment of a housing development fund and venture capital funds, all funds for the construction of a large number of less developed central and western cities, affordable housing construction, and encourage young people to start employment, to encourage ants return home to live and work in order to achieve the best use of people for contributing to the balanced development of China.
second. to increase the proportion of first time home buyers down payment and loan interest rates, learn to respect economic laws, and the first substantial increase in younger age the proportion of housing loans to buy a house down payment and interest rates, full autonomy to the bank and let the first payment according to the ratio of loans to the age and occupational education and income stability to other factors to determine lending rates, rather than indiscriminately on the first time home buyers grant preferential interest rates (based on the Supreme Court's judicial interpretation
defaulted mortgages for the life of the borrower is the only living space, the bank is seeking to enforce the right, the risk without saying that pre-), the government needs to fully Aware encourage low-income to buy a house to purchase a home is tantamount to learning mode harm than U.S. subprime loans, low income is a way to solve the housing should rent rather than buy a house, low prices and low interest rates will be bound young people
entrepreneurial enthusiasm, and will bring huge financial institutions, potential risks, study Japan, South Korea and Hong Kong's successful experience in high-income people should be encouraged to enter the real estate investment, to attract high-income people to save alternative real estate investments, a high-income people to save alternative, long-term stability will help housing prices, while urban population will help maintain the quality and quantity.
Third, improve the core city transportation, rent and other price levels, removing entrenched in the urban fringe of a large number of illegal buildings maintenance of the city's operating efficiency, capital of Beijing as China's financial and cultural and political center of the city's comprehensive strength in China, especially in the old and new media industry, culture, education, health, science and technology R & D convergence of financial and economic sectors based in Beijing, in the media industry, education, technology, finance, health care based economy, the number of high-income groups is also first in the country. But the other side is due to low fares, low price, low rent increase Beijing
black hole effect, low cost of living disorder caused by a large number of college graduates to stay in Beijing, a monthly salary of even a few hundred dollars as a monthly salary of ants living in Beijing ease and comfort, resulting in added value per capita is very low, resulting in delays in industrial restructuring in place, a large number of processing industries are also Zhuang Shunyi still exist in Beijing!! one is desperate for the Midwest, on the one hand talent stay in the big cities, so you must use the market to adjust the means to abolish subsidies similar to a class of grandstanding public transportation projects to reduce Beijing black hole effect.
Fourth, increase the leading role of radiation in Beijing, Beijing Shougang set up a special fund to support a similar nature as the company moved to Beijing to surrounding development, the central should be fully supported, near the cities of Beijing investment 10 years of enterprise income tax is still calculated into Beijing's fiscal revenue, external radiation energy companies incentives Beijing.
Fifth, increase the minimum statutory minimum wage doubled in Beijing, inhibit the development of low value-added industry in Beijing. full implementation of the above five points to be able to really help China to achieve balanced development of China and Asia for Beijing, not a black hole sun, in order to achieve the great rejuvenation of Chinese nation!!

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