Beijing and Shanghai a famous bubble, because the rise in the price level, the two figures to officials in 2016, Chinese must have control. However, these risk factors may lead to the earthquake of the real estate market in the mainland began to appear in many different cities.
Experts see economic data economic prospects in the ten largest city Chinese, including population growth, increase between income and asset prices and wages, to determine the signals from the charging state of different values in the sphere of real estate. The 10 city is Beijing, Tianjin, Xi'an, Zhengzhou, Shanghai, Chengdu, Wenzhou city Guangzhou, Shenzhen, and Haikou.
Basically, in Shanghai and Beijing real estate market is a lot of two of the most unstable factors, when faced with the population growth rate decreased, speed increases in wages and prices were not a significant upgrade of the house. When the expression and understanding, strictly control rights, has for the real estate and credit conditions of the field.
Besides, in Shanghai and Beijing City, more than 200 thousand of the population every day in the plan to limit the population, improve the environment of the city, to solve the congestion and serious environmental pollution.
In addition, some of the smaller city of Haikou is also facing the risk of basic, the capital of Hainan Island Honolulu, known as China, now see the growth state of the population reduced wages and effort. At the same time, the source of real estate money down here is very strong, the housing prices rose too fast.
Zhao Yang, chief economist at Nomura, the holding company said that these City immigrants small line low, slow income growth but also increase the price of the house. It is very easy to cause the ball to break the risk of real estate.
Interestingly, although the 10 cities had the energy to the real estate credit enhancement, including bank loans to buy a house money flows to the real estate developers loans, but in Haikou, real estate increased by 100% in 2016.
At present, real estate loans accounted for the majority of all loans of the households in Chinese, limit people's consumption capacity in setting wage growth retardation, according to recent genetic studies chief economist, ghost, in the international financial institutions in Washington.
In general, a debt data signal is a warning of danger. If the real estate developers and tenants continue to abuse your financial leverage in Chinese, a home, the price decline, the impact will not only limit the real production in the market but also affects all the other negative market.
"High leverage will magnify your economic losses if the real estate bubble burst. The negative wave will spread to the entire financial system damage is very large, "Chen Fielding, Economist Intelligence in Peng Bo said. In addition, according to the study found that security price starts from home, if workers slope, about 40% banks were badly injured in China.
In this case, China officials cautious. There, the latest, the People's Bank of China (PBOC) requires commercial banks to limit lending activities in Guangzhou related to the housing market. When the government has its own policy in the big city, the time limit the loan level, with real estate sales......
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