叶檀谈房地产:房企进入爆发期(图组)

上一篇 / 下一篇  2013-08-15 13:58:13 / 精华(3) / 置顶(1)


房地产进入又一个高涨期,这是三十几次调控之后的又一次上涨。

  据报道,截至8月7日,有三家房企正式发布再融资方案,涉及资金超过88亿元。如果再融资方案获批,说明房地产从政治意义、金融意义上重建天日,目前通过表外、信托的庞大融资之外,还会加上银行表内贷款、公司债、股票市场融资等诸多方式。

  房地产泡沫一度引发巨大担忧,为了抑制房地产金融杠杆股市与贷款对房地产企业关上了大门,这是象征性姿态,因为表外信托等融资方式的大门依然畅开,最大的影响提升了房地产的融资成本,房地产商与融资者皆大欢喜。但高价融资的方式却证明了在社会一些人眼中房地产开发风险的上升,与道德的低下。如果股票市场这一特定的“圈钱”市场向房地产企业开放,说明房地产企业从经济与道德两个层面被“摘帽”。

  房地产目前进入上升周期的最后爆发阶段。

  之所以说最后,是因为目前房地产市场全面开花,而房价大幅上涨集中在一二线城市,一些三四线城市房价下挫甚至出现全面下挫。大城市集中权力、商业、人才、资金等优势,在本轮城镇化进程中受益最大、风险最小,当外围冰山逐渐融化时,内部冰层加厚,显示经济失衡状况严重,这种局面可以继续,但不能维系长久,未来将有更多的三四线城市进入“融化”行列。

  7月中国百城住宅平均价格为10347元/平方米,比6月上涨0.87%,自2012年6月以来连续第14个月环比上涨,但价格下跌的城市个数明显增多,其中61个城市环比上涨,39个城市环比下跌。同比来看,全国100个城市住宅均价与2012年7月相比上涨7.94%,涨幅扩大。前十大城市房价同比连续第9个月上涨,7月住宅均价为17609元/平方米,环比上涨1.34%,同比上涨11.06%,住宅均价首次突破10%,涨幅扩大1.13个百分点,广州北京深圳、南京涨幅均超过10%。涨幅均超过全国平均水平。

  房地产依然是目前市场最热门的投资品种,今年上半年的地王与房地产销售数据说明了一切,投资者似乎对鄂尔多斯与神木泡沫崩溃视若无睹,但值得关注的是,投资者的投资范围越来越集中,投资标的越来越狭窄,如大城市刚需、高端写字楼、商业新地标的商铺等。

  房地产金融用到了极致。

  房地产是最受银行欢迎的抵押产品,银行压缩开发贷,并不能改变房地产是中国信用替代物这一事实,没有信用贷款,只有抵押与担保贷款,抵押贷款只有房地产贷款。

  个人房贷是优质贷款。央行7月19日发布的2013年上半年金融机构贷款投向统计报告,显示6月末金融机构人民币各项贷款余额68.08万亿元,同比增长14.2%,中长期贷款下降,而涉房贷款大幅上升:6月末,地产开发贷款余额1.06万亿元,同比增长17.2%。房产开发贷款余额3.26万亿元,同比增长11%。个人购房贷款余额9.07万亿元,同比增长21.1%。假设在限购情况下,个人购房现金支付占比达到购房贷的三分之一,房地产市场将达到12万亿元以上。

  购房者现金支付比例大、负债少,房地产也就无所谓泡沫,而是由购房者真实财富煮成的一锅坚硬的粥。没有什么比房地产更容易吸纳公众手里的资金,吸纳公众财富发展城镇,通过城镇化获得土地。

  房地产拉动城市化有边界,如果一个城市由房地产投资者机构城市运营的隐性成本,商业被商业物业推高,将会反噬实体经济,500强企业搬离北京市中心就是例证。

  通过房地产预支今后的财富,最长不会超过20年,从2003年开始已经10年,房地产黄金时代过后,最乐观估计,还会有白金的10年。

站内搜索:

TAG: 房地产金融 房地产开发 房地产泡沫 房地产企业 房地产商

引用 删除 防弹少年团啊   /   2018-10-12 01:33:45
GRUNT YARDAGER: Yards won't be easy to come by on the ground as this game fe <a href="http://www.liverpoolfcstoreuk.com/adam-lallana-jersey-liverpool-fc.html">Liverpool Adam Lallana Jersey</a> atures the league's top two run defenses. The Jets had an uncharacteristically bad performance against the run on Sunday, allowing the Raiders to roll up 150 yards, including 123 by fullback Marcel Reece. It caused New York
引用 删除 刘浪好帅啊   /   2018-10-12 00:43:21
,Wholesale Shoes ChinaMeanwhile,Nike Air Force 1 Donna, the Seahawks w <a href="http://www.wholesaleshoes.us.com/">Wholesale Shoes China</a> ere looking t <a href="http://www.scarpenikescontate.it/nike-air-force-1-miglior-prezzo.html">Nike Air Force 1 Donna</a> o make their own change at kicker after Steven Hauschka missed 10 total kicks,Air Max 1 Ireland, with six kicks blocked, last season for Seattl <a href="http://www.cheapairmaxireland.com/cheap-air-max-1-ireland">Air Max 1 Ireland</a> e."We are getting him at a time when he really has something to prove,Adid
引用 删除 防弹少年团啊   /   2018-10-11 19:41:21
"It's going to be live," s <a href="http://www.achatasicspascher.fr/asics-fuzex-rush-pas-cher-soldes.html">Asics Fuzex Rush Femme</a> afety Malcolm Jenkins said. "It's loud every time we go into the dome, and with Sean's return and just the anticipation that seems to be buzzing around this season,Asics Fuzex Rush Femme, everyone is going to be very excited."NOTES: Payton said the starters would play 14 to
引用 删除 防弹少年团啊   /   2018-10-10 18:36:01
The NFL has more than 5.1 million followers on Twitter. But <a href="http://www.cheapshoesoutlet.us.com/">Cheap Shoes Online Free Delivery</a>  its new partnership with Twitter means the tweet also went out to millions of other users who might be interested.Hans Schroeder, the NFL's senior vice president of media strategy and development, says he expects promoted tweets will eventu
引用 删除 shekplos6z   /   2018-10-10 17:33:12
S. En <a href="http://www.footbaljaguarsfanatic.com/c-5-jaguars-blake-bortles-jersey.aspx">Womens Blake Bortles Jersey</a> ditem                                                                                                                                                by Xinhua writer Liu JieWASHI <a href="http://www.footbaljaguarsfanatic.com/c-64-jaguars-cam-robinson-jersey.aspx">Authentic Cam Robinson Jersey</a> NGTON, Oct. Steaming your encounter will open up the pores of your facial pores and skin and distinct up the blackheads swiftly. And if tha <a href="http://www.footbaljaguarsfanatic.com/c-8-jaguars-allen-robinson-jersey.aspx">Allen Robinson Jaguars Jersey</a> t is in addition your primary goal you owe it to yourself to try this specific course out. Those that ha
引用 删除 shekplos2g   /   2018-10-10 05:30:52
Recognizing that multiple approaches exist for perio <a href="http://www.cheapjerseyssoccershop.us.com/">Cheap Adidas Soccer Jerseys</a> perative glucose, protocol-based m <a href="http://www.cheapjerseyssoccershop.us.com/">Cheap Authentic Soccer Jerseys</a> odels provide the necessary structure and guidance for approaching glycemic control. Charges are also paid in order to local as well as country wide home places of work for you to defray national and localised <a href="http://www.cheapjerseyssoccershop.us.com/">Cheap Jerseys China</a>  prom
引用 删除 shekplos6z   /   2018-10-10 01:43:20
Same-sex  <a href="http://www.nflbroncosgearsshop.com/Black-CJ-Anderson-Broncos-Jersey.html?cat=901">C.J. Anderson Jersey</a> couples can have civil unions or register their relationships in most states acr <a href="http://www.nflbroncosgearsshop.com/Black-John-Elway-Broncos-Jersey.html?cat=872">John Elway Womens Jersey</a> oss Australia, but the government does not consider them married under national law. dollar. Hence, my personal obligations because of these projects integrated creating along with saving almo <a href="http://www.nflbroncosgearsshop.com/Black-Brendan-Langley-Broncos-Jersey.html?cat=937">Brendan Langley Jersey</a> st all useful and n
引用 删除 mynamikw9x   /   2018-10-10 01:42:48
support,Justin Simmons Jersey," quoting the Iraqi foreign m <a href="http://www.nflbroncosgearsshop.com/Black-Justin-Simmons-Broncos-Jersey.html?cat=908">Justin Simmons Jersey</a> inister who paid <a href="http://www.nflbroncosgearsshop.com/Black-Paxton-Lynch-Broncos-Jersey.html?cat=903">axton Lynch Jersey</a>  unannounced visit to Afghan capital Kabul on Monday, the English paper Daily Outlook wrote in its Tuesday edition. Although the jobless rate declines steadily, the fact that fewer pe <a href="http://www.nflbroncosgearsshop.com/Black-Jake-Butt-Broncos-Jersey.html?cat=935">Jake Butt Jersey</a> ople are willing to enter the workforce ha
引用 删除 防弹少年团啊   /   2018-10-09 22:55:28
"He's had an unbelievable career."Helton was a first-round pick out of the U <a href="http://www.nfljerseys2018.us.com/">Cheap NFL Jerseys Wholesale</a> niversity of Tennessee in 1995. In addition to playing baseball for the Volunteers, Helton also was the quarterback before eventually giving way to Peyton Manning,Cheap NFL Jerseys Wholesale, who won a Super Bowl with the In
引用 删除 shekplos6z   /   2018-10-09 15:43:30
,Nike VaporMax Donne ScontateBy reading through labels and acqu <a href="http://www.airvapormaxplus.it/nike-vapormax-donne.html">Nike VaporMax Donne Scontate</a> iring or producing only organic foods y <a href="http://www.airvapormaxplus.it/scarpe-uomo-nike-vapormax-tutte-nere-scontate.html">Scarpe Uomo Nike Vapormax Tutte Nere Scontate</a> ou will stay away from unintentionally feeding your little one dangerous substances,Scarpe Uomo Nike Vapormax Tutte Nere Scontate.Thailand's Defense Undersecretary Gen. Secu <a href="http://www.airvapormaxplus.it/scarpe-nike-vapormax-plus-uomo-rosse-scontate.html">Scarpe Nike VaporMax Plus Uomo Rosse Scontate</a> rities and Exchange Commi
引用 删除 dgs2u6cc   /   2018-10-09 14:07:33
It reall <a href="http://www.comprarshoxbaratas.es/nike-shox-turbo-2.html">nike shox turbo 2 baratas</a> y is tough & not e <a href="http://www.comprarshoxbaratas.es/nike-free-flyknit-baratas/nike-free-flyknit-chukka.html">nike free flyknit chukka comprar</a> njoyable! You can give your baby an advantage above most kids by starting them out on the correct road with healthy eating behavior that will very last a lifetime. Weight loss is consid <a href="http://www.comprarshoxbaratas.es/nike-free-flyknit-baratas/nike-free-tr-5-0-flyknit.html">nike free tr 5 flyknit comprar</a> ered abnormal when it occurs for no natural reason, and it’s therefore something that a d
引用 删除 mynamikw9x   /   2018-10-09 11:08:21
She has reveal <a href="http://www.airmax90billig.ch/nike-air-max-98.html">nike air max 98 supreme kaufen</a> ed and lectured extensiv <a href="http://www.airmax90billig.ch/billig-nike-air-force-1-low-just-do-it-herren-weiss-schwarz.html">Billig Nike Air Force 1 Low Just Do It Herren Wei?</a> ely on these matters, as very well as many others during dermatology. The dermatologist would be in a position to e <a href="http://www.airmax90billig.ch/nike-air-max-270-damen-grau-schwarz-schweiz.html">Nike Air Max 270 Damen Grau Schwarz Schweiz</a> xtract the blackheads from your pores and skin securely. Check with a skin professionalIf your pores and skin condition is extreme, you probably wi
引用 删除 dgs2u6cc   /   2018-10-09 11:07:20
And whilst the <a href="http://www.bearsfanspro.com/Black-Cody-Whitehair-Bears-Jersey.html?cat=901">Bears Cody Whitehair Jersey</a> re are plenty of people  <a href="http://www.bearsfanspro.com/Black-Leonard-Floyd-Bears-Jersey.html?cat=871">Bears Leonard Floyd Jersey</a> who have reputable meals-relevant allergies, many of the allergies that are attributed to foods can really be traced back again to the chemical parts added t <a href="http://www.bearsfanspro.com/Black-Mike-Ditka-Bears-Jersey.html?cat=867">Mike Ditka Womens Jersey</a> o preserve or sweeten meals,Bears Cody Whitehair Jersey, not the true meals!While there are a lot of trig
引用 删除 防弹少年团啊   /   2018-10-09 09:59:51
CHICAGO (AP) 鈥?A lawye <a href="http://www.cheapnfljerseysmr.us.com/">NFL Jerseys Supply</a> r says former Chicago Bears wide receiver David Terrell will plead not guilty to a felony charge of manufacturing or delivering marijuana and a misdemeanor battery charge,NFL Jerseys Supply.Attorney Mark Sutter said in a statement Tuesday that Terrell denies "any participation
引用 删除 shekplos9t   /   2018-10-09 09:21:25
Crystallized intelligence involves robust connections, the result of months or years of neural traffic on wellworn pathways.S.What does tandem skydiving include? A free fall from the plane whilst tied through an experience skydiver is the best way to get accelerated freefall without spending hours o
引用 删除 shekplos9t   /   2018-10-09 07:35:07
India's Central  <a href="http://www.cheapnikenflsportsjerseys.com/">Wholesale NFL Jerseys</a> Board of Film Certification (CBFC) sparked uproar in February w <a href="http://www.cheapnikenflsportsjerseys.com/">Wholesale Jerseys</a> hen it refused to certify Lipstick Under My Burkha, in a case that again raised fears over creative freedom <a href="http://www.cheapnikenflsportsjerseys.com/">Wholesale NFL Jerseys From China</a>  in the country."I was the 'chief commander' on site.Therefore, for this the betting tipsters play an important ro
引用 删除 mynamikw9x   /   2018-10-08 23:59:29
S <a href="http://www.nflbrownsgearsshop.com/Black-Larry-Ogunjobi-Browns-Jersey.html?cat=1010">Larry Ogunjobi Jersey</a> yndets are mixtures of synthetic surfactants,Larry Ogunjobi Jerse <a href="http://www.nflbrownsgearsshop.com/Black-Myles-Garrett-Browns-Jersey.html?cat=1002">Myles Garrett Rush Jersey</a> y, mainly anionic surfactants with some added amphoteric surfactants to boost their tolerability. This is important because they would be able to give you the options that would ensure you make an info <a href="http://www.nflbrownsgearsshop.com/Black-Nate-Orchard-Browns-Jersey.html?cat=972">Nate Orchard Jersey</a> rmed choice.g. Ramu was the only
引用 删除 shekplos6z   /   2018-10-08 23:41:03
Generally the use of medication to gain  <a href="http://www.airvapormaxplus.it/scarpe-donne-nike-vapormax-plus-bleached-aqua-nere-scontate.html">Scarpe Donne Nike VaporMax Plus Bleached Aqua Nere Scontate</a> weight is only ap <a href="http://www.airvapormaxplus.it/nike-vapormax-2018.html">Nike VaporMax Moc Scontate</a> proved for extreme cases,Scarpe Donne Nike VaporMax Plus Bleached Aqua Nere Scontate, because lots of these drugs have nasty side effects.  Stock markets will be closed Monday throughout North America, Canada for Fa <a href="http://www.airvapormaxplus.it/scarpe-uomo-nike-vapormax-plus-tutte-nere-scontate.html">Scarpe Uomo Nike VaporMax Plus Tutte Nere Scontate</a> mily Day, and the U.The cost
引用 删除 mynamikw9x   /   2018-10-08 22:48:42
"Spoke to (Afghan) Pres <a href="http://www.nflbroncosgearsshop.com/Black-Demarcus-Walker-Broncos-Jersey.html?cat=932">Authentic Demarcus Walker Jersey</a> ident Ashraf Ghani, (Bangladesh) Prim <a href="http://www.nflbroncosgearsshop.com/Black-Jeff-Heuerman-Broncos-Jersey.html?cat=887">Broncos Jeff Heuerman Jersey</a> e Minister Sheikh Hasina, (Pakistan) Prime Minister Nawaz Sharif and (Sri Lankan) President (Maithripala) Sirisena. This is the major reason we have thought we would have a lo <a href="http://www.nflbroncosgearsshop.com/Black-CJ-Anderson-Broncos-Jersey.html?cat=901">Broncos C.J. Anderson Jersey</a> ok at the Usui Reiki Healing Master Program.For legal purposes th
引用 删除 刘浪好帅啊   /   2018-10-08 22:43:37
Griffin had a knack for grabbing headlines by making comments that  <a href="http://www.airmax90wholesalecheap.com/">Discount Air Max 90</a> sometimes irritated peo <a href="http://www.wholesalenfljerseysstitched.us.com/">Wholesale Jerseys</a> ple and other times were misunderstood or misconstrued,Discount Air Max 90. Jackson asked him what he thinks went wrong in Washington,Wholesale Jerseys."I don't baby people,Wholesale Nike NFL Jer <a href="http://www.nflcheapchinajerseys.us.com/">Wholesale Nike NFL Jerseys</a> seys," Jackson
 

评分:0

我来说两句

显示全部

:loveliness: :handshake :victory: :funk: :time: :kiss: :call: :hug: :lol :'( :Q :L ;P :$ :P :o :@ :D :( :)

日历

« 2018-10-16  
 123456
78910111213
14151617181920
21222324252627
28293031   

数据统计

  • 访问量: 121142
  • 日志数: 920
  • 建立时间: 2007-08-16
  • 更新时间: 2013-08-15

RSS订阅

Open Toolbar