Banks strictly control credit supply to prevent illegal inflow into the property market

category:Finance
 Banks strictly control credit supply to prevent illegal inflow into the property market


Prior to that, the Ministry of housing and urban rural development and the peoples Bank of China jointly held a forum on real estate enterprises, forming rules for capital monitoring and financing management of key real estate enterprises. The emphasis on marketization, regularization and transparency of financing rules is conducive to the formation of stable financial policy expectations for real estate enterprises, reasonable arrangement of business activities and financing behaviors, enhancement of their anti risk ability, and promotion of long-term stable operation of the real estate industry.

According to the monetary policy implementation report released by the central bank a few days ago, we should firmly adhere to the positioning of houses are used for living, not for speculation, adhere to the principle of not using real estate as a means of short-term economic stimulation, adhere to the principle of stabilizing land prices, house prices and expectations, maintain the continuity, consistency and stability of real estate financial policies, and implement the prudent management system of real estate finance.

Industry analysts pointed out that the comprehensive view of the recent real estate related policies, from the rectification of market chaos, the increase of key cities regulation and control, the tightening of real estate enterprise financing, and the continuous holding of seminars by relevant departments, reflect that classified regulation, one city, one policy, and precise implementation will still be the next policy direction. The regulation and control will further implement the main responsibility of the city and ensure the stable and healthy development of the real estate market from the aspects of supply and demand, land and finance. From the perspective of monetary policy, we still need to focus on supporting the manufacturing industry and small, medium and micro enterprises, and effectively and accurately introduce the financial resources concentrated in real estate into the real economy, so as to promote a virtuous circle between real estate and finance. Wen Bin said. Experts said that in the future, in terms of controlling personal housing loans and reducing the leverage ratio of residents, the banking industry should strictly control the credit supply and strictly examine the flow of loan funds in addition to reasonably meeting the residents demand for purchasing the first house, so as to prevent the illegal inflow of funds into the real estate market. At the same time, we should adhere to the differentiated housing credit policy and resolutely curb the speculative and investment demand for house purchase. Source: surging news editor: Wang Xiaowu_ NF

Industry analysts pointed out that the comprehensive view of the recent real estate related policies, from the rectification of market chaos, the increase of key cities regulation and control, the tightening of real estate enterprise financing, and the continuous holding of seminars by relevant departments, reflect that classified regulation, one city, one policy, and precise implementation will still be the next policy direction. The regulation and control will further implement the main responsibility of the city and ensure the stable and healthy development of the real estate market from the aspects of supply and demand, land and finance.

From the perspective of monetary policy, we still need to focus on supporting the manufacturing industry and small, medium and micro enterprises, and effectively and accurately introduce the financial resources concentrated in real estate into the real economy, so as to promote a virtuous circle between real estate and finance. Wen Bin said.