In fact, it has also achieved some results. Earlier, the China Banking Regulatory Commission revealed that nearly 270 million yuan of funds had been found to have flowed to real estate in violation of regulations and have been recovered. It can be expected that as the regulatory authorities continue to tighten control, future mortgage applications will be subject to stricter control. Many banks will investigate the source of down payment for buyers, and if they fail to meet the standard, they cannot apply for a mortgage.
In fact, what we can learn is that with the real estate bubble getting bigger and bigger, in order to control risks, the phenomenon of real estate speculation will definitely be suppressed. But in the long run, the collection of real estate tax is the real weapon to suppress housing prices. It is reported that real estate tax may be introduced during the "14th Five-Year Plan" period, when house prices may drop sharply.
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The reporter learned that banks in Shenzhen, Guangzhou, Dongguan, Foshan and other places began to tighten the pre-approval of commercial loans and consumer loans, and focused on door-to-door inspection of existing loans. In order to cut off the gray industrial chain with credit intermediaries, in addition to self-examination, banks also focus on business cooperation with third-party business institutions.
Cai Weixing, Vice President of School of Finance, Guangdong University of Finance and Economics: For banks, in recent years, the competition for credit supply is fierce, and the standards for loan review and post-loan management are relatively loose. There is a phenomenon of conniving at illegal use of funds in order to complete business volume. For intermediaries, a mature arbitrage chain for operating loans has been formed in some areas, and credit funds have been illegally speculating on real estate and stocks, which has seriously interfered with the normal market order, boosted the bubbles in the property market and the stock market, and hurt the real economy.