Developers who have been growing wildly have finally been severely restricted. After getting used to the operation mode that can be called "empty gloves and white wolves", the developers who are now restricted are completely out of shape. Even now, even banks have changed their previous attitudes and are unwilling to lend money to developers. As we all know, in the past, banks wanted to lend money to the real estate industry because it basically didn't pay compensation. But now the phenomenon of the developer loans overdue has increased, which leads to more and more non-performing loans of banks. According to the data of China Business News, the balance of non-performing loans in real estate rose from 48.6 billion yuan in 20 19 to 72.9 billion yuan in 2020, an increase of 50%! Overdue loans in real estate have grown so fast that it is no wonder that banks have tightened their mortgage funds, but they are only worried that they will not be able to recover the loans.

So, why is there such a huge increase in non-performing loans of banks? In fact, the reason is very simple, that is, because of the current property market, developers really have no money to repay loans. On the one hand, due to the restrictions of national policies such as "three red lines", developers are required to reduce their debts, which makes developers who have been "robbing Peter to pay Paul" not have enough funds to repay their loans.

On the other hand, the demand for housing in the market is getting less and less, and it is difficult for developers to get a lot of cash flow as before. Although the sales in the real estate market are rising in the first half of the year, in fact, this is all because developers generally cut prices and promote sales. Although this can alleviate the financial pressure to a certain extent, the price paid is a decline in profits or even a loss. If developers can't even guarantee their own profits, how can they have enough funds to repay the debts they owe? It is normal for a breach of contract to occur.

The fundamental purpose of bank lending is to make money, which is why banks favor real estate loans, because real estate loans have high-quality collateral. However, there are more and more phenomena in loans overdue, a developer, which shows that the real estate loan business of banks is not as safe as everyone thinks, so banks will naturally tighten the supply of real estate funds. This is also the reason why regulators now require banks to limit the ratio of real estate loans to personal housing loans, that is, they are afraid that after lending the money, they will recover bad assets. In addition, it should be considered that the overall profit rate of the real estate industry is declining now, so even if banks lend money to developers, their profits are not as high as before, so why should they risk not receiving money to invest in the real estate industry?

Guo Shuqing once said that real estate has become the biggest "grey rhinoceros" affecting financial security! In fact, it is because the current debt ratio of developers is too high, which affects the normal operation of the entire real estate market. However, the good news is that the state has subconsciously controlled the debt ratio of developers, and even introduced a "three red lines" policy, requiring developers to control the debt ratio at a certain level. Of course, these big moves have released the same signal, that is, the living situation of developers will become more and more difficult in the future. In the future real estate, developers can only use their own funds to operate more, but their final profits will drop compared with before. Ma Guangyuan once predicted that 80% of the developers will go bankrupt in the future, but now it seems not impossible.