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Palace One Furniture tells you about the bankruptcy crisis of the real estate industry!


Over the past year, with the deepening of real estate market regulation, the real estate industry is undergoing a reshuffle. Some small and medium-sized housing companies with weak scale and strength have gradually withdrawn from the market since this year.


The reporter opened the People ’s Court Announcement Website and clicked on the “Announcement Inquiry” column, using “real estate” as a keyword, and searched in the category of “Bankruptcy Documents”. After inquiring one by one, it was found that about 180 housing companies have gone bankrupt or entered bankruptcy program.


Yan Yuejin, Research Director, Think Tank Center, E-House Research Institute: There are many reasons for bankruptcy, some of them are due to poor business operations, and some companies may not have specific operations after registration.


The reporter found that most of these enterprises in the announcement belong to the local small and medium-sized housing enterprises distributed in the third and fourth tier cities and below.

Industry insiders said that the natural population growth rate of many small and medium-sized cities is not fast, population inflow is not obvious, and the incremental demand of the real estate market is limited.

At the same time, large head housing companies with more advantages in terms of capital, brand, and scale have also begun to enter small and medium-sized cities in recent years.


Zhang Dawei, Chief Analyst of Centaline Real Estate: In fact, the trend of the entire real estate industry has been increasing for several years. The concentration of resources, funds, and land has all been directed to the head enterprises, or what we call the concentration of leading enterprises, leading enterprises. With more cheap capital and easier access to quality land, their development is faster. In the future, small and medium-sized housing companies in the third and fourth tier cities will have more and more bankrupt companies.


Experts said: As China's real estate market moves from the incremental era to the stock era, in this context, the pattern of the real estate market is changing.

Liu Weimin, a researcher at the Development Research Center of the State Council: Through such a market-oriented mechanism, it is possible to eliminate relatively less competitive enterprises. I think this is beneficial to promoting the healthy operation of the entire market.

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