Is there a large number of houses in Shenzhen that are currently out of supply? Number of Rumors | Shenzhen | Rumors
Recently, self media released a video describing the current situation of the Shenzhen real estate market as "more and more people choosing to abandon their homes and cut off supply. Currently, there are 146549 houses in Shenzhen that have been cut off.". In response to this rumor, the financial regulatory authorities in Shenzhen have responded that the video content is seriously untrue and purely a rumor.
The reporter learned from the financial regulatory authorities in Shenzhen that currently, the non-performing loan ratio for real estate loans in Shenzhen is 0.23%, which has remained at a relatively low level without significant changes. If we calculate based on the rumored number of houses in Shenzhen that have been cut off, with a conservative assumption of an average outstanding loan of 1 million yuan per unit, the non-performing mortgage loans alone exceed 140 billion yuan, which is seriously inconsistent with the actual situation.
In November 2022, the People's Bank of China and the former China Banking and Insurance Regulatory Commission jointly issued the "Notice on Doing a Good Job in Financial Support of the Stable and Healthy Development of the Real Estate Market", which put forward clear requirements from six aspects: maintaining stable and orderly real estate financing, actively providing financial services for guaranteed delivery of buildings, cooperating in risk disposal for trapped real estate enterprises, and increasing financial support for housing leasing. The financial regulatory authorities in Shenzhen are actively guiding financial institutions to increase financial support for guaranteed delivery properties in accordance with the requirements of the Notice, helping to promote the resolution of risks for real estate enterprises, and focusing on maintaining the stable, orderly, and healthy development of the Shenzhen real estate market.