From the very beginning, the management has intensified its control over the real estate market. This year, the state will continue to implement relevant policies, and its efforts will not be relaxed. In addition, the state will continue to implement the local main responsibility, implement differentiated management of real estate regulation and control, and establish and improve a long-term mechanism to promote the more stable and healthy development of the real estate market.
For real estate enterprises, the importance of cash flow is self-evident, but under the background of current financial deleveraging, the financing channels of the real estate industry are obviously tightened. In addition to financing difficulties, the financing costs of major financing institutions have also increased. This is even worse for small and medium-sized developers with tight capital chains.
Compared with small and medium-sized developers, large real estate developers can provide financial support in the land market with lower financing costs and strong sales ability. On this basis, it is difficult for small and medium-sized developers to achieve better development, and it is only a matter of time before they leave.
In the future, the market share of large-scale real estate developers will be higher and higher, and the advantages of large-scale real estate developers are better property quality, more scientific and reasonable structure and more professional property team, so the standardization of China real estate market will be greatly improved.
In addition, the market share of large developers has increased, which has made China's housing prices more stable. Under the heavy pressure of current real estate regulation, large-scale housing enterprises may stabilize the capital chain through their own advantages and control costs through reasonable means, thus eliminating the possibility of rising house prices from the root.
In addition to a series of regulatory policies, the state is also vigorously supporting residents' demand for self-occupied housing, fully cultivating the development of the rental market, and accelerating the establishment of a housing system with multi-agent supply, multi-channel guarantee and simultaneous rent and purchase. With the elimination of vicious competition in China real estate market, house prices will bid farewell to the era of skyrocketing and gradually move towards stability.
It can be predicted that there is almost no possibility that the house price will skyrocket on 20 18, and neither the market nor the national policy will allow it to happen again. I believe that in the near future, we will all buy our favorite house at a more reasonable price.