Interest rates do not change the main line real estate investment is still optimistic about the bank

 Interest rates do not change the main line real estate investment banks are still optimistic about the central bank announced on Friday
Although the fifth interest rate increase this year, but the broader market continued to move between the two cities shows that interest rate factor has been priced into the market to look at individual stocks, big cities Most prices.
take into account the current interest rate on bank short-term positive and the plate form the weight of the financial sector and other factors, the rate hike impact on asset markets is very limited. In addition, the real estate sector fell against the market trend, interest rates on real estate stocks have some negative impact, but rental property stocks have been affected by class of industry regulation less institutional money to become concerned about the object.
I believe that pressure is actually quite limited, first, because this interest rate increase in lending rates of 18 basis points, listed companies within the industry combined effects of net profit in 2008 was 1.42 percentage points. If is not obvious. not to mention the real estate industry due to restrictions on the development cycle, the actual financial transactions in business inventories is FIFO. that is usually the first to buy the land before development,UGG shoes, after the purchase of the land after the development. In the era of inflation, the real estate business profits will undoubtedly benefit from further amplified FIFO, which can offset the pressure on interest rates.
Second, although the central bank to raise interest rates several times, increasing the cost of the residents of the mortgage,UGG boots, but not enough to affect people's real ability to pay and purchase plans. because of the implementation of 85% of mortgage interest rates lower limit of the preferential interest rate management, so the residents of the actual mortgage rates increased by 15.3 basis points. and fund loan interest rates and bank deposit interest rates now increasingly closer, more residents to fund loans to home buyers the series, so the demand for real estate and will not be particularly significant.
In addition, interest rates will further stimulate the appreciation trend. because the current Speed has been the trend of RMB appreciation in the challenge last week was 7.51 mark, and from 22 last month, the fourth rate hike of view, the RMB exchange rate only in gaining higher again after three days, greatly appreciated. The of another rate hike, driving the exchange rate will continue to be strong. More importantly, the U.S. economy is becoming weaker, the Fed cut interest rates the probability of substantial increase in U.S. interest rates down once,cheap UGG boots, will further boost the advantages of the RMB, RMB appreciation The trend will be more robust.
and appreciation not only to the A-share market to bring more power to do directly, but also will benefit from appreciation of the renminbi banking,Bailey UGG boots, aviation and other sections of the strength.