The central bank's voice: "supporting investment and consumption" is not supporting real estate investment!

On November 6, the central bank issued a column entitled "Continuing to Deepen the Market-oriented Reform of Interest Rates", proposing to continue to improve the marketization of mortgage interest rates to better support the demand for rigid and improved housing. Urge financial institutions to continue to implement the effect of reducing the interest rate of the stock of housing loans, and straighten out the relationship between the increase and the interest rate of the stock of housing loans. Reduce the interest burden of residents and support investment and consumption!

Since the central bank's column appeared "supporting investment and consumption," some self-media rushed to speak out, saying that "the state supports real estate investment"! In fact, this is not the case at all.

In fact, the purpose of the central bank's statement this time is still to "cut interest rates", promote consumption, "ease credit", release liquidity, and alleviate the current weak trend of economic decline. The investment mentioned here is not "real estate investment" as explained by some self-media, but physical investment and financial investment.

This is because the "investment attributes of real estate" at the current stage have become more and more diluted, especially in the current situation, everyone's expectations for the future of real estate have changed, which is also the main factor of the current property market downturn. However, rigid demand and improvement are still the main group of people in the real estate market, and the number is considerable, and it is not that there is no demand as some self-media say. The core factor for no one to buy a house is the change in expectations, and they are worried that they will continue to fall after buying it, causing losses.

For example, a few days ago, I put a set of old and small price reduction of 300,000 yuan out of the list, and immediately blew up more than 10 groups of real estate customers, 80% of these customers are just in need or improvement, so why is it not reflected in the market?

Just as Yu Liang, chairman of Vanke, said, the market recovery needs to "be able to buy", "want to buy", "need to buy"! "need to buy" is still in great demand, "can buy", the state has also actively introduced a variety of easing policies to create conditions for the release of demand, the key is to "want to buy", that is, to restore consumers' confidence in buying!

Therefore, the central bank will not ignore the market situation and blindly call on everyone to invest in real estate, which is not in line with normal logic.

I'm Lao Zhou, an amateur property analyst.