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嘉兴翻译公司关键字：Land prices climbing, nature makes the land as a hot commercial bank loan collateral. This is the local government has opened up new sources of funding. Them through the land reserve agency to levy to the land mortgaged to the bank to get a lot of loans. Relevant data show that some cities 60% -70% of the urban construction funds the government through land mortgage obtained. The more land prices, the easier their access to loans, the greater the amount, but also through the land auction to repay the loan easier. Widespread this phenomenon, it is the last five ministries jointly regulate commercial banks all kinds of action "bundled credit" (signed by bank and local government to support local construction loans) the main reason.Rising land prices, is bound to cost-plus mechanism, the promotion of real estate prices continue to rise. Interestingly, this will once again benefit local government, because many real estate transactions, real estate transaction taxes are based on the total amount calculated for the base. Higher prices, in people not to sell or buy up the psychological, people buy more enthusiastic hand, local governments learn from the more taxes. Even more interesting is that the vast majority of this tax (depending on the proportion of loans may be) with the "Advance payment" color, that is, the local government actually part of the bank loan into immediate revenue can be secured up.Third, the ConclusionReal estate prices have on the local government is almost good but no harm, and any fall in house prices will reduce local government revenues. Because of this, all local governments are making efforts to take control policies of the central camouflage, deception. Originally the central government legislator, when punching reservations, now coupled with the local government "push hands" of the block shot, boxing to when the power loss has been more than half. Thus, the effect of the real estate control policy can imagine. Thus, although the central government repeatedly punching, house prices still continue to rise is not surprising.As for the future of real estate price trends, fundamentally speaking, all levels of government will have to see, and that the will of the middle of the central government is the most critical. As long as the central government to redefine the land transfer tax payments and real estate transactions the central - local share ratio, or even be completely centralized, can the local government to promote housing prices play a drastic effect. Face the temptation of high land transfer, the paper that the central government in the near future that may introduce such initiatives, not to mention the current high prices have allowed a very good reason. Of course, "real estate ups and downs (of course, be mainly refers to the large drop), to whom (except, of course buyers) are not a good thing." Shanghai has a certain leader's speech brilliantly tells the central and local government housing real estate real state of mind. Therefore, expect the central government in the short term to take drastic action, a punch is clearly unrealistic. The current signs: the central government has not yet ready to bear the consequences of falling house prices (increased bad debts, the economy may soon fall into deflation) in preparation. The present approach is more likely to take: the stability of prices at the same time reducing real estate loans of domestic banks, and banks for some buffer time (to develop real estate loans, asset securitization, Reits, etc.) in order to withdraw loans; At the same time, encourage foreign investment funds to
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