The panic of the Jinghai property market was first reflected in the stock price of Jinghai Construction, before the Jinghai Municipal Government held a press conference at ten o'clock, the share price of Jinghai Construction once touched the limit, although it only stayed in the limit for a very short time, but the continuation of the strong trend in the early stage remained unchanged, and a press conference was held at ten o'clock to announce the municipal government's intervention in the property market, and the stock price of Jinghai Construction suddenly swooped from the peak to the bottom. Pen & Fun & Pavilion www.biquge.info

Speaking of which, the measures announced by the Jinghai Municipal Government have not had a great impact on Jinghai Construction, precisely because of the insistence of Liantou, the opening sales of Century City will be delayed until next spring, and the harsh winter season of Jinghai property market can be spent unharmed, but the cumulative increase in Jinghai Construction in the early stage is too crazy, and only a straw can be crushed, not to mention these shocking information. The current stock price of Jinghai Construction is based on the fact that the Jinghai property market continues to rise, and the regulatory measures of Jinghai City will directly affect the profit expectation of the Century City project.

There is no more direct and stringent regulation than the Jinghai municipal government, which has purchased large-scale small and medium-sized homes from Xinghu Construction as affordable housing for low- and middle-income families, directly reducing housing prices by 25%. The transaction volume of the Jinghai property market has been sluggish in the past few months, and the transaction volume after being withdrawn by the Jinghai Municipal Government is even more miserable. Many small investors have heard the wind and have entrusted intermediaries to contact interested buyers, and the price can be lowered, just to be able to get rid of it as soon as possible. Small and medium-sized investors are scrambling to leave the market at a lower price, but the exit is so narrow (second-hand housing transaction volume) that if you want to sell as soon as possible, you can only lower the price than others. Fortunately, the hot money consortium led by the Shen family kept their senses and did not join the ranks of chaotic selling. Otherwise, it will directly lead to the collapse of the Jinghai property market.

The initial panic led to a brief period of confusion in the transaction price of second-hand housing, and dozens of different prices were listed on the same property transaction network in Jinghai City, with the lowest price being 2o% lower than the current house price. The city government's acquisition of 400,000 small and medium-sized houses from Xinghu Construction at a price 25% lower than the average market price will also be sold to low- and middle-income families at this price, which will draw a reference line for the current housing prices in Jinghai City, and of course, due to the inertia of market behavior. Rates will slip below the reference line.

In addition to these hot investment money, Jinghai City's commercial banks are also in a state of panic; CCB, which has always had a close relationship with the municipal government, has deliberately tightened its monetary policy this year, strictly examined all aspects of lending, and still released 1.5 billion yuan of personal housing loans in the first three quarters of this year, believing that a considerable part of them are loans from speculators, once the property market collapses. This part of the loan becomes a non-performing asset.

Li Xin, then president of the Jinghai branch of the China Construction Bank, participated in the whole process of the municipal government's action to formulate the control plan, but he did not fully estimate the speculative nature of the Jinghai property market, and once the power of the control plan was released, he was also a little panicked. At the emergency consultation meeting organized by the city government, he grabbed Lin Quan together with Wu Guoxin, director of the credit department, and asked: "How sure are you that the movement in Jinghai City is too big?" ”

Lin Quan smiled slightly: "The Jinghai property market is not complicated, except for those small and medium-sized speculators, most of the hot money is organized. And its core is two or three hot money consortiums, their quality will not be too bad, even if they are defeated, there will be an organized retreat, and it is not yet time to collapse the army...... Let alone. Jinghai's economic foundation is there, and the domestic real estate industry will not enter the ice period in the past ten years, even if Jinghai's property market falls for a while, it will recover quickly. ”

Zhang Xiaobin added on the side: "Housing prices are unlikely to fall very low, once housing prices fall to a certain extent, speculators will choose to rent out more properties." Wait for the recovery of the Jinghai property market with rental and maintenance loans. It is already quite good for house prices to return to the level at the beginning of the year. ”

Li Xin said: "I hope so, but if there is any accident, Liantou is duty-bound......"

Lin Quan patted Li Xin on the shoulder. said: "Why did you hit me with the idea? ”

"Xinghu Construction has suffered a big loss by throwing 400,000 square meters of houses to the city. 25% lower than the market price, if you think about it, in the past few days, the market has taken this price to other developers to collect houses, but I am afraid that it will be supplied by other developers as reborn parents. ”

The property price in the early stage of Jinghai City is the hot money group through the second-hand housing trading market, knocking out the Jinghai businessmen, and did not get much benefit from this round of huge increases, on the contrary, most of the businessmen hoarded quite a lot of real estate with a speculative mentality, ready to meet the final crazy feast of the Jinghai property market, who would have thought that the play would be stuck before the ** came.

The municipal government acquired 400,000 square meters of land from Xinghu Construction to solve the biggest problem that Xinghu Real Estate will face after the merger.

Wu Guoxin asked: "Liantou still has Jinghai Mansion and Century City, the two main real estate projects, launched, right?" ”

Lin Quan said: "Jinghai Mansion is not suitable for launch at present, but there is no big problem in the supply of funds, and it can be delayed until tomorrow after spring......"

Jinghai Mansion is an apartment building opened by the original three companies in the central business area of the new district, and on the east side is the office building group opened by the original three companies and the new joint investment center, a landmark building in Jinghai City.

Jinghai Mansion and Century City are geographically connected, but divided into different plots, because the wetlands, jungles and artificial islands and lakes of Century City have since become absolutely private domains, and the original public's expectations for Century City will decline, and the launch of Jinghai Mansion and the Central Trade plot will form a competitive relationship with Century City.

Before that, Liantou had not had time to discuss the time of the sale of Jinghai Mansion, Zhang Xiaobin heard Lin Quan mention that the sales time of Jinghai Mansion would be delayed until next spring, and he knew that Lin Quan's move was aimed at holding on to Shen's real estate, not only to make Shen's funds trapped in the Jinghai property market unable to get out, but also to make Shen's equity investment in Jinghai Construction unable to cash out.

Tens of billions of funds trapped in a narrow field is undoubtedly a heavy blow to a consortium.

Although the wetland and artificial islands and lakes of Century City are man-made landscapes, they are undoubtedly the most beautiful scenery in Jinghai, and after a year of intense construction, they have begun to take shape and present magnificent beauty in the late autumn season.

After that, it will become absolutely private, and in the past few days, the construction team has erected the barrier to the north. Tian Li couldn't pay attention to the strong storm in the Jinghai property market, and wanted to take another look at her dreams in the past year before banning entry. It is precisely because of the strong desire for Century City in their hearts that Tian Li and Zhang Tao controlled the impulse to buy a house in the rapid increase in housing prices and did not become victims of this wave of speculative property market. Zhang Tao also complained before this that if he delayed like this, he might not be able to afford to buy a house, but at this time, he had a feeling after the catastrophe.

A juvenile deer emerged from the depths of the redwood forest, and the innocent beast pupils watched the intruders into the place.

"Ah, there really is a fawn...... Tian Li snorted lightly, Chen Yu also covered his lips lightly, looked at the little beast that suddenly appeared, beckoned, Zelu turned around and got into the dense forest, but a group of white-winged and unnamed big birds flew in the forest.

"Mom, look at Bai Yan'......" There was a childish cry not far away, and after that, I heard several people talking and walking towards here, and after a while, Xiao Siyu dragged Fang Nan and Chen Feiya's hands and appeared in front of them.

"Ah, you're here too......" Fang Nan greeted in surprise.

Tian Li thought that she was coming to see Fang Nan for the last time, but they were looking at their new territory, and their hearts were inevitably sour. Chen Yu looked at Fang Nan and smiled, pointed to the red-shirted forest in front of him, and said, "The redwood forest has a bit of a scale this year, and it will be more beautiful next year, but it is inconvenient to enter and exit casually." ”

Zhang Tao is not clear about the thrill of this wave of property market turmoil, can only judge from the announcement of the listed company, Lin Quan is really a person who will always be impressive, before this, no one would have thought that Liantou would take out two billion funds to buy this place.

"Oh, I haven't introduced you yet," Fang Nan said to Chen Feiya with a smile, "Chen Yu is Lin Quan's friend, Zhang Tao and Tian Li are Lin Quan's college classmates......"

Chen Feiya showed a very beautiful smile, she owed slightly, she didn't know the past between Chen Yu and Lin Quan, stared at the beautiful woman in front of her, and said with some confusion in her heart: "I can only count half of Mr. Lin's friends, I can't imagine that Mr. Lin really built such a beautiful scenery in Jinghai, Mr. Lin is going to lock this beautiful scenery in his own house, it's really stingy......"

Several scandals between Chen Feiya and Lin Quan, Chen Yu knew that Chen Feiya entered Jinghai University to study this time, and the media was also noisy. Listening to Chen Feiya's unwitted criticism of Lin Quan, Chen Yu was depressed in his heart, and the smile on his face was a little scattered.

"Mom, I'm going to see the waterfalls......" Xiao Siyu stood impatiently in one place to see the waterfalls on the north side of Bird Island. From the redwood forest, there are two white tall windmills, the windmills generate enough electricity to maintain the water area in the north of Bird Island, forming a drop of more than ten meters, forming a small high lake in the center of the fairy lake, and the high lake water drains and separates into large and small multi-level waterfalls, and the white windmills are very spectacular in the waterfall group.

Tian Li agreed with Chen Feiya's words in her heart, Lin Quan locked this beautiful scenery into his house, it was really stingy.