The central bank released on October 28, 2011 third quarter financial institutions loans to report. One real estate lending growth, resident lending growth fell back, while the rural loans and farmers grew faster than the loan from loan rate of growth.
This shows that the state council according to the effect of the real estate regulation is emerging, this also with premier Wen Jiabao of the recent series of public comment is behaved in the same: his investigation in nanning, said current real estate market regulation and affordable housing construction is in the key period, governments at all levels to further consolidate control results. 29 in the standing committee of state council, said governments around the world to take responsibility earnestly, continue to strictly implement the policy, further consolidate control results.
Premier wen this a series of comments obviously, is real estate regulation will continue, and this is the economic structure of China and the adaptation of the transformation and upgrade, so to the macroeconomic stability and sustainable development.
From the macroeconomic regulation and control the running situation of the character, the central bank's monetary policy curl, and not to the tightening monetary policy of the state, that is, just a few money supply, but absolutely data is not less. So the market regulation is concerned, is a key test.
As you can see, in recent years, real estate of China's economic boom to excessive brought obvious negative effect. And in over the loose monetary policy, under the current real estate policy environment, "house prices" boom has its inevitability, and will be future economic outbreak of "big adjustment" buried great hidden dangers. So in reality, and that high prices have produced a series of imbalances to future economic growth stability overt threats; And now that is a bubble, it must be don't last long, and there is always one day will burst, once the bubble will give the whole of China's economy to bring the huge impact. High prices for consumption growth inhibition formation, and making income gap is widening, lead to social instability. More seriously, the real estate investment lower risk of high yield make people get a universality speculative psychology, the ChaoFang, excellent entrepreneurs don't want in the industrial investment, which leads to industrial upgrading obstruction that lack of structure adjustment of power. In 2009, for example, this year of the new credit 9.6 trillion yuan, the new GDP only 2.5 trillion yuan, this means that four credit in return for a GDP; And in the eight years before, of the new credit 20 trillion yuan, the same period increased GDP is 20 trillion yuan, or a credit change back to a GDP. And, in the long run, already more and more shows, real estate prices and local governments get economic growth not sell their land may be long lasting, financial income and economic growth excessive dependence on the real estate industry is too risky and unsustainable.
It is because of the current real estate excessive development of economic structure to imbalance brought huge bubble risk, forcing the central to the whole economic structure as a real estate regulation transformation of the strategic development to layout




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