Based on the central bank's announcement over the weekend that it would cancel the lower limit of mortgage interest rates, lower the lower limit of down payment ratios, and policy adjustments proposed at the meeting to guarantee delivery of properties, the market has different views on the adjustment of real estate policies. Some people believe that relaxing down payment and interest rate restrictions will help market-oriented clearing to solve inventory problems, but the actual effect is limited. On the other hand, the government's purchase and storage of existing housing has become a key focus, and different policy starting points may lead to differences in the difficulty, constraints and results of purchasing and storage.
There may be differences between the market's expectations for government purchasing and purchasing and the policy itself. The main purpose of the government's purchasing and purchasing policy is to raise affordable housing, with destocking as an additional purpose. Investors need to make judgments based on the policy starting point to determine investment opportunities. For the real estate market, the core of strategic judgment is whether to increase prices to inventory or reduce prices to inventory, which will affect market trends and trading opportunities.
The main role of the current real estate policy is to prevent the spread of the liquidity crisis and bail out the new housing market. Market expectations will affect the effect of the policy. What is worth paying attention to is the bond market's response to real estate policies. At present, the bond market remains calm and the central bank may give more rather than less quotas, so the bond market's response is stable.
Keywords policy adjustment, government purchasing and storage, inventory pressure bearish (bullish) The key to the government purchasing and storage of existing housing depends on the starting point of the policy. The starting point of the current policy is to raise affordable housing, and destocking is an additional purpose. Policy and stock market are not the same thingbestcryptogaminglaunchpad.... Hexun Self-selected Stock Writer Risk Warningbestcryptogaminglaunchpad: The above content is only the author or guest's opinion and does not represent any position of Hexun, and does not constitute any investment advice related to Hexun. Before making any investment decision, investors should consider the risk factors related to investment products based on their own circumstances and consult professional investment advisers when necessary. Hexun strives but cannot confirm the authenticity, accuracy and originality of the above content, and Hexun makes no guarantee or commitment in this regard.
