Real estate loans rise instead of falling, which should cause alarm

Recently, the central bank released data showing that the balance of real estate loans, including personal home purchase loans, real estate development loans, real estate development loans, etc., was . trillion yuan, a year-on-year increase, and the growth rate was . billion, an increase of 300 million yuan year-on-year, accounting for 3.3% of the increase in various loans throughout the year. Judging from the current reality of China's economic operation, there is still the possibility that real estate credit will rise instead of falling, pushing up economic risks. First of all, excessive real estate loans have forced a large number of ordinary people to invest too much money in housing consumption, or even high debt and advanced housing consumption. Moreover, because many people pin their investment needs on the illusion of appreciation in the property market, this has largely pushed up the oversupply of the property market. As the real estate industry bids farewell to the era of huge profits, more and more people have invested in it.
Xuhui Yufu:
Happy Alliance:
Secondly, too many real estate loans will inevitably reduce the market share of other loans, which has become an important reason for the expensive and difficult financing of my country's real economy. According to relevant information, although small and micro enterprise loans have grown rapidly, they have shown a downward trend in total loans year by year, while real estate loans have shown rapid growth in terms of absolute loan increase, growth rate, and proportion of all loans. This shows that banks still focus their credit support on the real estate industry. Although the regulatory authorities have repeatedly warned about the credit risks of real estate, banks still frequently pay close attention to real estate. Obviously, if the momentum of bank real estate credit cannot be effectively controlled, it will inevitably reduce the bank's ability to provide credit support to small, medium and micro private enterprises with manufacturing as the core, and it will be difficult to eliminate the financing difficulties and expensive financing difficulties of the real economy.
Thirdly, excessive real estate loans have become the culprit behind the serious oversupply of my country’s real estate market. According to data from the National Bureau of Statistics, as of the end of the year, the area of commercial housing for sale nationwide was 0.2 billion square meters, which was at a historical high. An important reason for high real estate inventory is the excessive credit provided by banks to the real estate industry. Even in the context of the central government's repeated emphasis on real estate destocking in the past two years, bank real estate loans have continued to rise instead of falling. As a result, there will be three major adverse consequences: first, it will continue to push up the blind expansion of real estate scale and further accumulate credit risks, making the transformation of the real estate industry more difficult; second, it will push up bank credit risks; third, it will form an opium-like economic narcosis. , exacerbating the difficulty of supply-side reform.