First tier cities property investment value is not large footman

First-tier cities property investment value has not the sina finance opinion leader column (WeChat public kopleader) columnist Huang Zhilong excluding the school district and other non economic factors, the investment value is not first-tier cities real estate, the key reason is that the price is too high first-tier cities, housing prices rose overdraft future space. From the long-term investment value, the majority of first-tier cities housing rental ratio is above 11000, the annual investment rate of return obtained through rental housing is only about 1%. First-tier cities property investment value has not this summer, Nanjing, Hangzhou, Suzhou, Hefei, Wuhan, Zhengzhou, Shanghai city "the most expensive land" frequent, wild Shanghai — August 18th day three the most expensive land. Some media said in awe, the real estate market and the land has become the core of the city, the capital of the hunting field. In the current domestic and international economic situation, the real estate market will continue to frequent the most expensive land? Housing prices will continue to maintain the trend? Welcome to the zhuanlan@staff.sina, say your point of view! This summer, Nanjing, Hangzhou, Suzhou, Hefei, Wuhan, Zhengzhou, Shanghai city "the most expensive land" frequent, wild Shanghai — August 18th day three the most expensive land. Some media said in awe, the real estate market and the land has become the core of the city, the capital of the hunting field. The author believes that in the current domestic and international economic situation, the real estate market participants responsibilities, purpose and thoughts are not the same, if the current frequency is the most expensive land prices soaring, the trend continues, the real estate of the locomotive car Chinese economy will likely suddenly stop or rollover, Chinese economic hard landing risk increase. Who is the leader? Who is the follower? At present, China’s real estate market has the following main participants: the central government, financial institutions, local governments, developers, investors and rigid consumers. Among them, the central government is responsible for the regulation of Taxation, monetary and other macroeconomic policies, the development of real estate market and long-term development plan, maintain the order of real estate market, and the impact of market expectations, to avoid the real estate bubble burst. At the same time, through the development of the real estate market, economic growth, employment and a series of economic goals. Banks and other financial institutions through the real estate development loans and personal mortgage loans, to maximize their own profits, while appropriate control of their financial risks. The local government is responsible for land expropriation, auction and other executive work, while maintaining the stability of the real estate market in the region at the same time, to achieve local economic growth and fiscal revenue growth maximization. Real estate developers in the use of existing political, economic, legal and public opinion environment, as well as investor and consumer psychology, to maximize their own profits. Through the use of existing credit policy and investment speculation space, individual investors can increase the value of their wealth, and resist the erosion of inflation on personal wealth. Under the condition of current income and wealth constraints, the rigid consumers purchase more comfortable houses at lower prices, so as to achieve the maximum utility. Among the participants相关的主题文章: