In 2021, 2 new red lines will be added to real estate regulation, what are these two red lines?

The 2 red lines related to real estate are coming, do you understand how the house price trend will be in 2021?

The three "red lines" are clearer indicators for the financing of real estate enterprises. 1. When deducting the withholding, its asset-liability ratio shall not exceed 70%. 2. The net debt ratio shall not exceed 100%. 3. The cash liability ratio should not be less than 1 time.

According to the contact surface of the "three red lines", it is divided into four situations: red, orange, yellow and green, and the red file indicates that the three red lines touch non-interest-bearing debts. The orange file indicates that the annual growth rate of both industries cannot exceed 5%. A yellow file indicates that the annual debt growth rate cannot exceed 10%.

The green file indicates that none of the three have been encountered, and the annual debt growth rate will not exceed 15%.

1.Prevent financial risks caused by real estate financing: At present, there have been many defaults by real estate companies in Youzhaodong, and the financial attributes of real estate have gradually increased, and regulators have gradually put risks on the agenda.

Therefore, Shenku** should effectively control the financial risks of the real estate market from the aspects of financing and debt.

2.Indirect and effective regulation of real estate: the regulation of housing prices has always been a key issue, and policies such as purchase restrictions and purchase restrictions have been introduced, which is a kind of regulation in itself, and "deleveraging" from the developers themselves is the most basic.

An important part of the new regulations on real estate financing is to start from itself, strengthen the turnover capacity, control costs, sales, and return funds to stabilize housing prices.

3.Promote the transformation of the real estate industry: The traditional way of buying land, building buildings and then selling them has been declining in its contribution to real estate companies, and if developers can obtain more long-term and stable funds, they will reduce their dependence on "high leverage" and reduce the risk of real estate financing.

The above is the question of what the three red lines of real estate refer to in 2022 and related questions, I hope these can be helpful to you and can provide you with some ideas.

The three red lines of real estate are a policy to limit the risks of the real estate industry, and if they fail to meet the standards, the regulator will require financial institutions to limit the full-caliber debt of the corresponding real estate enterprises. The specific contents of the three red lines of real estate are: (1) the asset-liability ratio after excluding advance receipts shall not exceed 70%; (2) the net debt ratio does not exceed 100%; (3) The ratio of cash to short-term debt shall not be less than one.

Financing management rules are an important part of the construction of a long-term mechanism in the real estate market, and an important part of the prudential management system of real estate finance.

Legal basis. Article 5 of the Law of the People's Republic of China on the Administration of Urban Real Estate Real Estate The owner of real estate rights shall abide by the laws and administrative regulations and pay taxes in accordance with the law. The legitimate rights and interests of real estate rights holders are protected by law and may not be infringed upon by any unit or individual.