#Summer Creation Contest#In recent years, there have been more and more unfinished buildings, the most intuitive reason is that the developer has no money, and began to put rotten real estate directly rotten, but for buyers, it has to bear great pressure, because they can't cut off the supply even if they can't get a house, so why? The 3 reasons are realistic.
First, developers use high leverage to build buildings, in the process of rapid development of the property market, developers expand indefinitely, many housing companies do not leave enough cash to support the construction of real estate, most housing companies use a high leverage model, such as using a hundred million to get a piece of land, and take land to do mortgages in exchange for 80 million to build buildings, that is to say, the later real estate construction are supported by loan funds, in this case it is easy to have a passive situation capital chain break.
Second, the market is saturated, people's enthusiasm for buying houses has decreased, the house is also a commodity, the real attribute is residence, according to relevant data, the mainland urban family housing ownership rate has been as high as 96%, most of the people who can afford to buy a house and need a house already have a house, and a small number of people who do not have a house can not afford to buy in the face of high housing prices, so fewer and fewer people buy a house, so it leads to a large number of vacant real estate transaction volume is sluggish, the biggest problem for developers is the difficulty of returning funds, There will be a problem of poor cash flow.
Third, the buyer's advance payment is misappropriated, according to the relevant regulations, the purchase money of the pre-sale house is to be supervised before the delivery is not allowed to be misappropriated at will, its core purpose is to ensure the rights and interests of the buyer, but the reality is that a large number of buyers advance payment is taken away by the developer in advance.
Fourth, the content of the contract signed by the buyer and the object are not the same theme, the purchase contract is signed with the developer, and the loan contract is signed with the bank, when the developer's capital chain is completely broken and there is no money after the real estate is in ruins, the buyer can only negotiate with the developer about the delivery of the house, and the loan contract signed with the bank can only negotiate the repayment problem, the bank does not care whether the buyer gets the house on time, so the tragedy that the buyer must repay the mortgage loan even if he cannot get the house.
So how exactly should home buyers protect their rights? First of all, you need to be calm when encountering such problems, and you must not put it on the table and do not repay directly, then the credit will be blocked, and the impact in all aspects is great. Secondly, you need to negotiate with the developer first to see if the house can be delivered, if it is determined that the house cannot be delivered and the developer negotiates without results, then you need to go through legal procedures to sue the developer and the bank, although the bank is a lender, but they also need to supervise the whereabouts of the mortgage loan, the house is not delivered before the advance payment is taken away by the developer in advance is a bank dereliction, so the buyer has the right to ask the bank to be responsible.
To sum up, the developer has no money directly rotten, and most buyers can not get the house can not be cut off the reason is the above four points, in the face of such problems we also need to take reasonable and legal rights protection channels, resolutely can not eat a dumb loss, after all, the mortgage is not a small amount, buying a house also consumes too much financial resources.