Chapter 46 Investment Sutra: Don’t take policies seriously

It is normal for real estate to appear in the market as a commodity from the perspective of the process of human social and economic development.It has brought many benefits to the society, mainly including increasing national tax revenue, improving people's living standards, and accelerating the development and perfection of the market economy. The development of the real estate market is related to many factors, among which the impact of policies on the real estate market is obviously incomparable to other factors.Every time the real estate policy is introduced, it will bring big shocks to the real estate market.

Of course, the healthy development of the market economy is inseparable from the state's macro-control, and the real estate market also needs the state's macro-control.If the development of real estate is too fast, the state will introduce policies to stop it. If the development is slow, the state will relax the policies to encourage and support it. We do not make too many comments on national policies and government actions.As an investor, we only need to know one thing: follow the policy and invest without losing money.For real estate investment, please remember, don't take the policy seriously.

Only by looking back at the past can we better look forward to the future. Although we have no way to accurately predict the future development trend of the real estate market, we can find out the general development direction of the real estate market in the future by reviewing the impact of real estate policies on the real estate market in sensitive periods. , ready for our investment. After entering the 21st century, the rigid demand of the people has been released, and China's real estate market has entered a stage of rapid development.Rigid demand and rising housing prices have stimulated investment demand. For quite a long period of time, investment demand has been extremely active, transaction volume has continued to innovate, and bubbles have even appeared in many places.

In some respects, rising housing prices are the inevitable result of the development of a market economy, and to a certain extent, it can also protect the scarce resource of land.However, an unreasonable increase in housing prices will only increase the burden on the people and bring negative impacts on the entire national economy. Therefore, when housing prices increase unreasonably, in order to protect people's housing conditions and let the real estate market develop along a healthy track, the country It is necessary to introduce corresponding regulatory policies in a timely manner to regulate and guide them.

Therefore, in 2006, the "Six National Measures" were promulgated, and the "Six National Measures" poured cold water on the rushing investors. Many investors were overwhelmed and rushed to sell their properties before the implementation of the New Deal.In the case of sufficient resources, home buyers have also slowed down the pace of viewing and buying houses, and the real estate market has gradually returned to calm. In 2007, the real estate market had been suppressed for more than a year, and it coincided with the sharp rise of the stock market and the appreciation of the renminbi.Although the central bank has continued to raise interest rates and raise the deposit reserve ratio, other policies have not been jointly introduced.Under the action of many factors, the property market has started a new round of upside.However, only half a year later, the heavy blow of policy control fell, and the state issued a credit policy to increase the down payment of the second house to 40%, and the investment demand of real estate investors was immediately suppressed.The continuous rate hikes are like "boiling frogs in warm water", which finally exhausted the purchasing power of investors.

In 2008, the policy trend changed relatively quickly. Affected by the global economic crisis, the main purpose of the tax policy in the first half of the year was to curb the overheating of the property market. Later, as the subprime mortgage crisis spread globally, the actual growth rate of domestic exports and investment declined, and economic growth There is a fallback.Considering the leading role of real estate in expanding domestic demand and stimulating economic development, the country has implemented a proactive fiscal policy and a moderately loose monetary policy, hoping to stimulate domestic demand and increase the speed of economic development by stimulating people's demand for housing and investment.Under such circumstances, many investors saw the right time, followed the general trend of the policy, and made a lot of money.

A Wenzhou boss surnamed Huang saw that the country had adjusted the housing deed tax rate, house purchase stamp tax and land value-added tax in 2008. He realized that the real estate market would usher in a new spring, so he rushed to Tianjin and paid 15,000 The unit price of RMB/square meter bought 10 sets of villas with an area of ​​more than 400 square meters, and the total cost was about 60 million.Within two months, all buyers were found. Moreover, when he sold, the house price had risen to 20,000 yuan per square meter. As you can imagine, the money earned this time can really make Mr. Huang count Money counts softly.The success of this investment made Mr. Huang full of emotion: "As an investor, I believe that if you follow the policy, you will never go the wrong way."

Since 2008, house prices have risen further, but the price increase has been too large, and the difficulty of ordinary residents to buy a house has increasingly become the focus of social attention. In response to this situation, the focus of national regulation is to increase ordinary houses, stabilize house prices, and curb speculation. .So the state administration began to intervene in the commercial housing market.Premier Wen Jiabao pointed out in the Government Work Report at the First Session of the Eleventh National People's Congress that it is necessary to comprehensively use taxation, credit, land and other means to improve the housing provident fund system, increase the effective supply of housing, curb irrational demand, and prevent housing prices from rising too fast .In this case, the profit margin of housing investment is compressed, so many Wenzhou investors have turned to retail investment.

Whether it is support or restraint, the adjustment of the national real estate policy is to solve the housing problem for the common people on the one hand, and on the other hand to let the real estate industry play a more active and powerful role in the tide of economic development.As an investor, only by always paying attention to policy changes and determining the investment direction at the right time can you not get lost in the torrent of market competition and keep your wealth growing.