The tide of loan suspension is coming, in the future, will the pre sale system of commercial housing

The tide of loan suspension is coming, and in the future, the pre-sale system of commercial housing should be canceled.

In the future, the pre-sale system of commercial housing will be canceled, because in the past two years, there have been unfinished buildings, so that many consumers are more cautious when buying a house, and even consumers who have paid a down payment have no way to recover the funds they paid after the house is unfinished, which leads to the rights and interests of consumers can not be fully protected, and the company will not give these consumers a certain amount of compensation, which is a very cruel behavior for those who buy a house with their life savings.

With the slow development of the city, a lot of idle places are used to build buildings and shopping malls, and even to build some other buildings, the green area is getting smaller and smaller and the number of houses is increasing, and it is precisely because of the number of houses that many buildings may not be able to fully complete the house due to insufficient funds, and those consumers' hard-earned funds are not returned, in order to avoid this phenomenon, relevant policies are promulgated to curb this phenomenon.

This also reminds consumers to be careful when buying a building, and they can choose to buy after the building is built, although there will be more funds, but it is better than the funds that cannot be returned after the house is unfinished. At the same time, when choosing to buy a house, you not only need to have a certain degree of understanding of the manufacturer who built the house, but also need to know what the future development of the house is and what the surrounding environment of the house is developing. We all know that the house is closely related to our future life, and if the house is too remote, then there is no way to facilitate our daily life and buy food.

If the location of the house is too close to the downtown area, it is easy for some people who sleep lightly to affect their sleep quality, but no matter what kind of location you choose when choosing a house, you must ensure that your house is in contrast to your own capital investment, and do not choose an unfinished building.

Cases of landlords in many locations announcing a moratorium on repayment due to late delivery of properties continue to be in the spotlight. In response to this case, the person in charge of the relevant department of the China Banking and Insurance Regulatory Bureau also gave a response, leading financial institutions to participate in risk disposal in a market-oriented manner, and the housing construction department and the People's Bank of China helped the local government to actively promote "protecting buildings and protecting the people", and we are working hard to ensure stability.

In this storm of "loan suspension", banks need to maintain their debts, but the owners have to repay the debts smoothly, and the developers have to repay the debts. The focus is again on whether the system needs to be shut down or not. Some people believe that the pre-sale system is the main reason for the developer's highly leveraged development, which leads to the collapse of the capital chain and the inability to deliver on time.

The pros and cons of canceling the presale system. However, there is also a view that the pre-sale system itself is a tool that has played an important role in the steady development of China's real estate market over the past 20 years, and its improvement has played a great role in promoting it. .

The abolition of the pre-sale system of commercial housing and the implementation of existing house sales will further exacerbate the financial pressure on real estate enterprises. There is a pre-sale system for commercial housing, but it is an advantage, and if the relevant departments strictly supervise the pre-sale funds, it is not a big problem.

The pre-sale system of commercial housing refers to the behavior of the real estate development company to give the buyer the house under construction in advance, and the buyer pays the advance payment or the price of the house. As the most important way to sell commercial housing in China, the pre-sale system has significantly shortened the collection cycle of real estate enterprises while increasing the number of commodities in the market and promoting the development of urbanization. In fact, many countries in the world have pre-sale housing systems, which is caused by the differences in market development and industrial environment in different countries.

The details of the pre-sale system vary widely, with developed countries generally guaranteeing strict capital supervision, instalment payments, and penalties for default. <>

At present, most of China's real estate developers have completed capital accumulation and have strong financial strength and market competitiveness. The development of the financial system and capital market has provided developers with a variety of financing methods, and the commercial housing sales system Since the historical status of housing no longer exists, in the long run, existing homes that help maintain housing assets and curb bubbles are still a common phenomenon, and the trend is caused by the overheating of their capital assets. Whether it is the pre-sale of commercial housing or the existing house, it should be based on maintaining the healthy and stable development of real estate order, after all, it is related to the interests of thousands of households.

I personally also think that the pre-sale system of commercial housing will not be canceled, after all, there is a good relationship between the developer and the bank and the owner. And how can the bank lend him money? So it's a very harsh reality.

It will not be canceled, and if such a pre-sale system is abolished, it will cause disorder in the property and cause people to revolt.

I think that in the future, the pre-sale system of commercial housing will be abolished. There have been a number of real estate projects in the country that have begun to cut off the supply, and the tide of supply interruption has quietly come, because many developers have broken the capital chain, resulting in the suspension of many real estate projects, and many owners have paid the down payment and repaid the loan on time every month, but they cannot collect the house on time.

Everyone has begun to realize that the interests of the pre-sale system of commercial housing are the owners, because the developer received the money, and the bank also made enough benefits from it, but after the project was suspended, all the responsibility was paid by the owner, which is extremely unfair, now there are many projects that are unfinished, the developer has no money to resume work, these owners not only need to repay the loan every month, but also can not receive the house on time, more and more people have expressed their opposition to the pre-sale system, so the cancellation is only a matter of time.

There are many economists who explicitly support the abolition of the pre-sale system and the sale of existing homes, after all, developers use a variety of marketing methods when selling houses, but many promises are not fulfilled because the houses are not built. In fact, the pre-sale system of commercial housing was the earliest in Hong Kong, China, is a way for developers to put leverage, due to the shortage of commercial housing in those years, real estate enterprises lack funds, so they introduced the pre-sale system of commercial housing, and now this system is no longer suitable for the present.

In fact, there are few countries in the world that adopt the pre-sale system of commercial housing, after all, the real estate has the risk of unfinished, and it is borne by these consumers, I think it is unfair to the buyers, can not throw this burden to the people and the society, the pre-sale system of commercial housing is only the rights and interests of the time, and now the domestic house has entered the era of stock, so this unfair pre-sale system has long been outdated, and developers without financial strength are not allowed to build houses, which is also a kind of protection for owners.

In the future, the pre-sale system of commercial housing is likely to be abolished, which is not particularly good, and there are often certain problems.

It's time to abolish the pre-sale system of commercial housing, use your money to build your house, and it's still unfinished, which is unfair to home buyers. In the future, whoever has the money will build a house, and those who have no money and no strength will not build, and they cannot throw the burden to the people and society. 98 years of housing reform, the country is short of houses, developers lack of money, the pre-sale system is an expedient measure, now the national household ratio is more than 1, from the development of the stock era, the unfair pre-sale system for the people who buy houses has become outdated, it should be canceled, changed to existing house sales.

In the future, it is natural to pay the money with one hand and the house with the other. Of course, the second housing reform is a technical activity, taking into account the resolution of loan suspension, resumption of work and delivery of buildings, restructuring of real estate enterprise debts, restoring market confidence and long-term mechanism, the four keys of the long-term mechanism are to promote the strategy of urban agglomeration, people-land linkage, financial neutrality and stability, and real estate tax. This will help to implement the spirit of housing not speculation, help protect the rights and interests of the people, and help the steady development of real estate enterprises.

If we act in accordance with the laws of the economy, China will be able to achieve a soft landing and long-term stable and healthy development of real estate, cross this hurdle, and solve this world problem.

On the whole, the current loan suspension projects account for a relatively small proportion, but it is necessary to attach great importance to prevent problems before they occur and avoid risk escalation. If effective measures are introduced in a timely manner to promote the second housing reform, we can take the opportunity to push the development of the real estate market on the right track.

Most of the real estate enterprises belonging to the loan suspension projects are private real estate enterprises at risk of previous debt default, mainly distributed in Henan, Hubei, Hunan and other places.

On the whole, the properties involved are mainly properties that have been delayed for many years, as well as those that have not yet reached the delivery time, but are tight in funds and difficult to resume work, reflecting the increasingly prominent negative effects of the pre-sale system of commercial housing.

A simple science popularization: the pre-sale of commercial housing first originated in Hong Kong, China, commonly known as selling off-plan properties and off-plan houses, which is a way for developers to put leverage. In 98 years of housing reform, due to the shortage of commercial housing, real estate enterprises lack funds, learn from Hong Kong, China, the introduction of commercial housing pre-sale system.

In fact, there is a pre-sale system in many countries around the world. However, the point is that developed countries generally have strict regulatory safeguards, and developers can only start selling after the project is approved, and buyers do not pay the remaining full amount of the house from the bank with a one-time loan after paying the down payment as in China, as in China, but according to the progress of the developer's project before the full delivery of the house.

Therefore, the pre-sale system requires strict capital supervision, installment payment and default penalties as a guarantee, if there are no these safeguards, it will definitely trigger the risk and be unfair to the buyers, so it is better to take the opportunity to cancel the pre-sale system and change to existing house sales in the future. Objectively speaking, the pre-sale system has a certain historical stage, and now that China's housing has entered the stock era, the cancellation of the pre-sale system will help reduce debt and leverage, and no longer throw the risk of unfinished work to the people and society. As long as we adhere to market-oriented reforms, China will be able to resolve this problem, so that real estate can return to the real economy and residential attributes, and live and work in peace and contentment.

The unfinished real estate has been forced to suspend the loan by the owner, should the pre-sale system be cancelled?

The existence of the pre-sale system has a certain rationality. However, whether the pre-sale system of commercial housing can really play its due role, the key lies in whether the capital supervision is in place.

As the most important way of commercial housing sales in China, the pre-sale system of commercial housing greatly shortens the cash return cycle of real estate enterprises, and also increases the quality of commercial housing in the market, which promotes the process of urbanization development.

A building, from the land to the completion of the general need to take 2 years, in the pre-sale model, the construction of about 1 3 floors can be pre-sold (the cycle is about half a year), equivalent to the real estate developer in the residents of the advance payment to pay all the project expenses, one and a half years after the delivery of the house to the buyer. "In a way, this is equivalent to all home buyers subsidizing the interest on the real estate developer's advance payment for 2 years. More importantly, with these advance payments, real estate companies can leverage huge funds with a small amount of their own funds, which greatly improves the utilization rate of their own funds.

Although the advantages are obvious, because the developer collects the payment for the commercial housing before it is completed, the buyer may face problems such as the money running away from the development business district, the delay in the delivery of the house by the developer, the quality of the house, and the extension of the real estate certificate.

The essence of the pre-sale system is that the buyer pays in advance, the developer delivers the house later, and the waiting period for intermediate delivery is generally about 2 years. During this period, the buyer will not only have to bear the interest on the bank loan and the income of the down payment, but also bear the risk of late delivery or inability to deliver the house. ”

The pre-sale system has also boosted the blind expansion of developers, triggering a series of risks such as the rupture of developers' capital chains and the unfinished and idle projects.

Under the pre-sale system of commercial housing, there are many unpredictable factors and risks for buyers to pay the money first and then get the house. For example, if a developer cuts corners and builds a low-quality project, the buyer may get a substandard house. More seriously, in the real estate downturn, if the real estate developer does not manage his funds well, the development of the property may eventually become "unfinished".

Judging from the current real estate situation, it is not realistic to cancel the pre-sale system and implement the sale of existing houses in the short term, but the current "pre-sale supervision" has played a certain restraining role for developers.

Funds pre-sale supervision, refers to the real estate administrative departments in conjunction with the bank to implement third-party supervision of commercial housing pre-sale funds, real estate development enterprises must deposit the pre-sale funds into the bank's special supervision account, can only be used for the construction of the project, shall not be withdrawn and used at will.

First of all, the pre-sale system should be abolished:

First, because the pre-sale system is a product of social development, it has come time to withdraw from the historical stage, the country's urbanization process has developed to a certain stage, and the boss's surname basically has a house in the city, and the difficulty of insufficient funds for developers has been solved in the early stage, so it should be canceled.

Second, the pre-sale payment is cancelled in an orderly manner, and cannot be cancelled directly, otherwise it will cause more developers' capital chains to break, resulting in more unfinished buildings, which can allow developers to slowly reduce the proportion of pre-sales, so that the survival of the fittest can also eliminate some developers and raise the entry threshold for developers.