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 mynamikw9x   /   2018-07-23 01:15:53
American fast food giant Popeyes yes <a href="http://www.authenticchinajerseyswholesale.us.com/">Wholesale Jerseys</a> terday opened another restaurant in the heart of  <a href="http://www.wholesalecheapjerseysnflchina.us.com/">China NFL Jerseys</a> Georgetown with a grand ribbon cutting ceremony.The outlet which is situated at 27 Water and America Streets boasts modernThe new Popeyes restaurant on Water and America <a href="http://www.nfljerseysfactory.us.com/">NFL Jerseys Wholesale</a>  Streets.architecture,Wholesale Jerseys, ameni
引用 删除 dgs2u6cc   /   2018-07-22 10:21:13
In a press release this week Fa <a href="http://www.cardinalsapparelsshop.com/hoodie-c-2/">Cheap Cardinals Hoodie</a> ymann said Austria has  <a href="http://www.cardinalsapparelsshop.com/budda-baker-cardinals-jersey-c-54/">Budda Baker Womens Jersey</a> "profited strongly from a unified Europe," despite there still being challenges to overcome together. This kind of outstanding method is definitely substantiated through the practice uti <a href="http://www.cardinalsapparelsshop.com/andy-lee-cardinals-jersey-c-61/">Andy Lee Jersey</a> lized by the no facsimile payday loans direct loan companies
引用 删除 shekplos9t   /   2018-07-22 07:23:29
According to the evidence pres <a href="http://www.cheapnikenflsportsjerseys.com/">Cheap Jerseys China Supply</a> ented in court, Zhai met with 15 people, including Hu Shigen, Zhou Shifeng and Li <a href="http://www.cheapnikenflsportsjerseys.com/">Cheap Jerseys China</a>  Heping, in a Beijing restaurant on Feb.The court handed down a light sentence because he confessed, testified against others and repented, according to court statem <a href="http://www.cheapnikenflsportsjerseys.com/">Cheap NFL Jerseys Free Shipping</a> ent. 9 (Xinhua)Injecting
引用 删除 shekplos7p   /   2018-07-22 06:55:40
The minist <a href="http://www.cheapwholesalenflnikejerseys.us.com/">Cheap Jerseys China</a> ries of mining and trade and industry Cheap Jersey <a href="http://www.cheapwholesalenflnikejerseys.us.com/">Cheap Jerseys Wholesale</a> s China have been left vacant.Training will begin without the selected players from local teams Oriente Petrolero, Bolivar and The Strongest as they all have matches with  <a href="http://www.cheapwholesalenflnikejerseys.us.com/">Wholesale NFL Jerseys Free Shipping</a> their clubs on Wednesday.South Korea proposed to hold highlevel talks
引用 删除 shekplos7p   /   2018-07-22 05:05:28
This kind of indicates all those prospects that <a href="http://www.cheapoutletnfljerseys.us.com/">Cheap Jerseys</a> o do <a href="http://www.cheapoutletnfljerseys.us.com/">Cheap Jerseys Wholesale</a> n’t usat the home windows can communicatat the by way of manner op your SQL Server. There are many people who are eligible to benefit from this but they are unaware of the provisions.S. With Cheap J <a href="http://www.cheapoutletnfljerseys.us.com/">Wholesale NFL Jerseys China</a> erseys a clean and modern design and style, a roomy
引用 删除 shekplos9t   /   2018-07-22 00:21:34
15 (Xinhua)Burkina Faso will now face Nigeria  <a href="http://www.cheapnikenflsportsjerseys.com/">Wholesale NFL Jerseys China</a> in the first football semifinal of the All Africa Gam <a href="http://www.cheapnikenflsportsjerseys.com/">Wholesale Jerseys Cheap</a> es on Tuesday. should quickly pull out, but he also campaigned on a vow to start winning wars.?The freefall lasts for maximum 60 seconds before the parachute is released. Spela Slots p Be <a href="http://www.cheapnikenflsportsjerseys.com/">Cheap NFL Jerseys</a> tsafe Online W
引用 删除 shekplos2g   /   2018-07-21 07:19:19
Botswana will face Namibia,Wholesale Jerseys, Uganda and Tan <a href="http://www.cheapdiscountjerseysnfl.us.com/">Wholesale Jerseys</a> zania to qualify for the interna <a href="http://www.cheapdiscountjerseysnfl.us.com/">Cheap Jerseys</a> tional tournament. 9 (Xinhua)The 74th Golden Globe Awards held here Sunday night attracted more than 20 million viewers, TV rating figures showed Monday. Tandem skydiving  <a href="http://www.cheapdiscountjerseysnfl.us.com/">Cheap Nike NFL Jerseys</a> method is considered to be one of the
引用 删除 dgs2u6cc   /   2018-07-20 22:35:28
Also,air jordan 11s chicago shoes, chi <a href="http://www.jordan11gymred.us.com/">air jordan 11s chicago shoes</a> ldren will be tremendously fussy concerning thefeel o <a href="http://www.jordan11gymred.us.com/">jordan 11 gym red</a> f a costume. A lot of people who definitely are depressed or feeling lower have a tendency to obstruct out certain items which may have happened in <a href="http://www.jordan11gymred.us.com/">air jordan 11 chicago</a>  their eyes. A very easy way to commence private improvement i
引用 删除 mynamikw9x   /   2018-07-20 18:59:04
Contrary to every other fin <a href="http://www.thebrownslockroom.com/women-duke-johnson-jersey/">Duke Johnson Jersey</a> ancial solutions in which the time period lag increases due to the  <a href="http://www.thebrownslockroom.com/hoodie/">Authentic Browns Hoodie</a> red tape techniques,Duke Johnson Jersey, payday cash lenders usually are fore immediate throughout providing quality service. Federal <a href="http://www.thebrownslockroom.com/women-zane-gonzalez-jersey/">Zane Gonzalez Authentic Jersey</a>  Reserve on Wednesday kept its federal funds rate unchanged amid recent w
引用 删除 mynamikw9x   /   2018-07-20 13:09:43
S. Belonging to the three, comprehensive is definit <a href="http://www.jordan11smidnightnavy.us.com/">jordan 11 midnight navy</a> ely the most costly and it is primarily used when finan <a href="http://www.jordan11smidnightnavy.us.com/">air jordan 11s midnight navy</a> cing a vehicle. But usually the problem is to find a beauty product that will work for you. Along these lines, it is more gainful."At the same time, Ban also provided positive examples of progr <a href="http://www.jordan11smidnightnavy.us.com/">air jordan 11 midnight navy</a> e
引用 删除 shekplos9t   /   2018-07-20 08:29:19
Tandem skydiving method is considered to be  <a href="http://www.wholesalesoccerjerseys.cc/">Cheap Jerseys Wholesale</a> one of the easiest methods for the first time skydivers but has also become  <a href="http://www.wholesalesoccerjerseys.cc/">Cheap Soccer Jerseys Wholesale</a> one of the best thrills seeking way of adventure and real fun globally.S. who blanked Switzerland 30 in Group B action late at Municipal Stadium.The threeyearlong siege has been l <a href="http://www.wholesalesoccerjerseys.cc/">Wholesale Soccer Jerseys</a> i
引用 删除 shekplos6z   /   2018-07-20 00:35:41
The secretarygeneral urged world leaders to take responsibility f <a href="http://www.billsapparelsshop.com/jim-kelly-bills-jersey-c-4/">Jim Kelly Jersey</a> or the outcomes of the world's first tr <a href="http://www.billsapparelsshop.com/tre-davious-white-bills-jersey-c-55/">Tre'Davious White Womens Jersey</a> uly global climate change negotiations,Jim Kelly Jersey. city of Lancaster in southern California,Tre'Davious White Womens Jersey.great site info on cheap auto insurance plan. <a href="http://www.billsapparelsshop.com/tre-davious-white-bills-jersey-c-55/">Tre'Davious White Bills Jersey</a> The core price index
引用 删除 mynamikw9x   /   2018-07-19 22:59:00
When it come eyes, one should be extra protective and aware a <a href="http://www.thebrownslockroom.com/women-cody-kessler-jersey/">Cody Kessler Authentic Jersey</a> s eyes are essential for us in all aspects. Anythin <a href="http://www.thebrownslockroom.com/women-carl-nassib-jersey/">Browns Carl Nassib Jersey</a> g that any costume designer evermade, you’ll notice online for supply two days later. It's like snails, moving snail's pace,Cody Kessler Authentic Jersey," Ban said at a  <a href="http://www.thebrownslockroom.com/">Elite Browns Jersey</a> highlevel event on
引用 删除 shekplos6z   /   2018-07-19 20:00:32
Highlighting China's effort in this <a href="http://www.teamnhlislandersshop.com/authentic-matt-martin-islanders-jersey-sale/">Islanders Matt Martin Jersey</a>  regard,Islanders Matt Martin Jersey, Xie said: "China's carbon dioxide emissions per unit of GDP reduced by 33.. However how do you know that they are revered? Do they supply their costumes from the bestlocations? Do they use a great skinpleasant cloth?<NEW YORK,
引用 删除 shekplos9t   /   2018-07-19 19:41:42
Nigeria beat defending ch <a href="http://www.cheapnfljerseyssports.us.com/">Cheap NFL Jerseys Free Shipping</a> ampions Ghana 20 and drew with Senegal 11 to reach the semis. Bet <a href="http://www.cheapnfljerseyssports.us.com/">Cheap NFL Jerseys China Free Shipping</a> safe casino Red drivs av kraftfulla Net Entertainment Software Group, som ger en grym samling utav internet casino spel som tcker allt man  <a href="http://www.cheapnfljerseyssports.us.com/">Cheap Jerseys China</a> behver, preferenser & bankrulle storlekar.The Telegraph said of the MPs
引用 删除 shekplos6z   /   2018-07-19 17:19:06
sg>Moisturizers<a> can moisturize dry skin and prevent wrinkles or make t <a href="http://www.billsapparelsshop.com/nathan-peterman-bills-jersey-c-64/">Nathan Peterman Jersey</a> hem noteless. Along these lines, it is more gainful. Keep your  <a href="http://www.billsapparelsshop.com/jim-kelly-bills-jersey-c-4/">Jim Kelly Jersey</a> cords and techniques organized, don't abandon the cords out for people yo fall above. They akin to figure skating with giant trucks,Nathan Peterman Jersey, drivers <a href="http://www.billsapparelsshop.com/tre-davious-white-bills-jersey-c-55/">Tre'Davious White Bills Jersey</a>
引用 删除 shekplos9t   /   2018-07-19 15:13:13
82.99 points, or 0.The broader Topix index of all <a href="http://www.cheapdiscountjerseysnfl.us.com/">Wholesale Jerseys China</a>  First Section issues on the Tokyo Stock Exchange, meanwhile, inched  <a href="http://www.cheapdiscountjerseysnfl.us.com/">Wholesale Jerseys</a> 0."Currently pursuing her master's degree, Craton said she hopes to spend more time writing poetry and become a children's author.It looked as if Adan would again be Betis' hero in  <a href="http://www.cheapdiscountjerseysnfl.us.com/">Cheap NFL Jerseys China Online</a> t
引用 删除 shekplos2g   /   2018-07-19 11:43:22
Moody has been the most highprofile figure implicated in the  <a href="http://www.cheapoutletnfljerseys.us.com/">Cheap NFL Jerseys</a> 'Cobalt five' <a href="http://www.cheapoutletnfljerseys.us.com/">Cheap NFL Jerseys China</a>  scandal as the trainer of Black Caviar, one of Australia's greatest thoroughbreds. Exiting now, with the Taliban resurgent, would be impossible to sell as victory. Cap <a href="http://www.cheapoutletnfljerseys.us.com/">Cheap NFL Jerseys From China</a> itol, the new president was putting his left hand on a Bib
引用 删除 mynamikw9x   /   2018-07-19 11:37:34
It is certainly straining to l <a href="http://www.footballjetsonline.com/women-marcus-maye-jersey/">Marcus Maye Authentic Jersey</a> ift the eyelids in <a href="http://www.footballjetsonline.com/women-marcus-maye-jersey/">Jets Marcus Maye Jersey</a>  ptosis as the muscle blamable for this is weakened or stretched. For many people finding Grandmother Gifts is not really that big of an issue as they have brought up around their grandmother a <a href="http://www.footballjetsonline.com/customized/">Customized Jets Jerseys</a> nd now her well enough and can always think of a gift that
引用 删除 shekplos7p   /   2018-07-19 08:43:42
Based on English philosop <a href="http://www.cheapwholesalenflnikejerseys.us.com/">Cheap Jerseys China</a> her Alfred North Whitehead's Process Philosophy t <a href="http://www.cheapwholesalenflnikejerseys.us.com/">Cheap NFL Jerseys</a> heory, Clayton's Organic Marxism focuses on the evolving process of Marxism and its organic integration with the needs of specific cities, countries o <a href="http://www.cheapwholesalenflnikejerseys.us.com/">Wholesale Jerseys From China</a> r cultures.Hiking ought to involve sneakers at the least, but you may wish t
 

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

« 2018-07-23  
1234567
891011121314
15161718192021
22232425262728
293031    

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