Where is the check-out tide? With the curtain of several new properties pulled up, the check-out tide of the Yangtze River Delta property market has fallen. So far, many cities in the Yangtze River Delta, such as Shanghai, Taicang, Nanjing and Hangzhou, have reported that the owners have returned the house.
In the office building of China Development Bank Building, No.500 Pudong South Road, Shanghai, there is a picture of more than 400 owners on the Xi 'an bank of China Shipping Yujing shouting slogans at China Shipping Shanghai Company. However, just before the release in the afternoon, this group of angry owners of Zhonghai had already made a sand table model of the sales department on the Xi 'an bank of Zhonghai Yujing, located in Zhoukang, Puxi, Shanghai.
In the Yangtze River Delta region, there are news that owners return a house for new projects. Besides Shanghai and Taicang, there are also cities such as Nanjing and Hangzhou. June 65438+1October 65438+June, Nanjing Housing Management Department released the check-out list of pre-sold houses in this area in June 65438+1October, showing that 53 sets of pre-sold houses were added, setting a new record for the total monthly check-out of pre-sold houses in the second half of the year. The land with more check-outs is Jiangbei District and Jiangning District of Nanjing.
What caused the check-out tide? If real estate developers accumulate land resources again, they will not only face the risk of capital shrinkage caused by falling house prices again, but also face the policy and legal risks of land resources being recovered free of charge two years later. Therefore, some real estate developers gradually retreat, which is the inevitable trend of long-term accumulation of real estate bubbles. At the same time, it is the end of the common way for real estate developers to monopolize speculative prices according to the accumulated land resources.
The relationship between land price and house price helps and influences each other. If the decline of land price is caused by the gradual advance of house price decline, then the decline of land price will affect everyone's expectation of future house price, causing hesitation and prompting house price to enter the downward track due to the lack of support point of consumption power.
Just like the replacement of rising house prices and land prices, when the China property market can't bear the accumulated bubble, it is possible that house prices and land prices will fall in turn.
In fact, before the land retreat, a large number of land resource factions appeared in all parts of China, which showed the industry's fear of the huge bubble accumulated for a long time, and the land retreat further expressed the industry's anxiety about the bursting of the future property market bubble. Once the herd effect is formed, there may be a wave of retreat and it will be transmitted to the house price.
The above is about the check-out tide and what caused it. For the old owners, it is not an easy thing to check out at this stage. After many times of real estate regulation and control, the developer's pre-sale contract has become more and more strict, and even after paying the contract penalty, the buyers can't check out casually as in the past.