tera power leveling after the Spring Festival - BXU

Hong Beijing on February 17 as far as the economic voice of the Central wide financial review reported, after the Spring Festival, Beijing commercial bank lending as a whole compared with the fourth quarter last year from the tight State, a bit better. This week, the reporter visits, telephone banks learned, some floating interest rate of 5% per cent first suite before banks, many had been adjusted to a benchmark interest rate 75%. At present, most of the banks, including the big four State-owned commercial banks, first suite rates are performed according to the benchmark interest rate. Currently banks lending to the first suite of policy implementation of standard deposit is 30%, interest rate for interest rates; standard loans for second homes is down 60%, floating interest rate 10%. In most of the Bank on the first suite of benchmark interest rate for loan implementation, Multiple cities have raised the general housing standard. Following after the cities such as Beijing, Tianjin, Wuhan, Xiamen tsw gold, from March 1, Shanghai will adjust the general housing standard. Shanghai to determine regions of three normal housing standards, including two sets of rates of price, volume, and area, this is the price of a standard. Economy contributing commentator, a Vice President of the Institute of real estate in Shanghai DrRed XL to comment. Both the months for the general interest are appropriate to reduce the pressure of this callback, the first set of benchmark interest rate for mortgages return to doing what is the purpose of? Yang Hongxu: that better meet the needs of home loan demand, that is more differentiated the purposes of mortgage policy, because real estate regulation and continuing to the present, house prices across the country have begun to come downAnd control have preliminarily showed in the process, brought about by the past control policy is too harsh at this time some of the instances, particularly in terms of personal housing loan, more stringent in the past, or even just need to first time home buyers that was accidental. In this case, after effects work, then go back and correcting, better to protect the independent demand, especially fromPrimary needs of first time home buyers loan demand, with the direction of our policies as a whole be said to be coordinated. Multiple city raised the general housing standard, doing what? Yang Hongxu: relax doing with first time home buyers mortgage a little resemblance, it is better to improve existing housing policies, better to protect the independent demand,Especially the general housing demand. General housing standards are among the eight new country 05 raised, 08 year after the property market downturn has increased around the time of a standard age of conan gold, are basically not up to now. 08 around since House prices rise very high even doubled, many turned out to belong to the normal room housing transactions should be able to enjoy the tax benefits, processSo after house prices soaring do not qualify for tax breaks, to adjust the standards to increase the House to meet the common commercial housing standards tera power leveling, so that homebuyers get tax breaks, so since last year in Beijing, Wuhan, Shanghai started to adjust the standard. Industry analysis, this local government general housing standards, not only encourage the rigidity requiredFind, and avoid total relax investment and speculative demand may, do you agree with this analysis? Yang Hongxu: I basically agree with, because more is to protect such consumption and purchase of houses, houses are standard, area of no more than 140 square meters, for example, around the little differences, home buyers a great majority is independent demandAnd protect their demand with some tax incentives are very legitimate and investment speculator tend not to buy this House, what they buy is buying luxury houses more generally. Standard for urban residential turnover in the adjustment of housing prices will influence how? Yang Hongxu: will to a certain extent, slightly stimulating demand. Such as overseas outside of the ring 08 priceIs the total price 980,000 following you can enjoy, now transferred to the 1.6 million, prices actually improves on the standard 60%, had lowered the threshold is equal to 60%, the benefit is relatively big, how much demand because this policy is being stimulated to release out? Hard to say, because the whole control policy is tight, property market as a whole is declining, and prices are falling,So many people are taking wait-and-see policy so small a few percentage points of the tax demand was difficult to pry, is helpful, but are not very helpful. (Hong) online statement Gold: gold online reprint of the above content, does not indicate that confirm the description, for investors ' reference only and does not constitute investment advice. Investor operations accordingly, at your own risk.