Xia Bin: Housing Prices Are Hard To Restore To A Period Of Cyclical Rebound.
In January 12th,
The State Council
Director of development research center, Institute of finance,
Central bank currency
Members of the policy committee
Xia Bin
It is proposed that we should not restore the past cyclical rebound and maintain illusions. We should not use the formula and model of the past real estate market statistical experience to predict the real estate market.
He said that the current real estate policy itself means a reflection and summary of the real estate policy over the past dozen years, and maybe the real estate policy in the future will be different gradually.
(real estate market regulation) is too fast.
But it can't be done without integrity.
"China's real estate market is not complete, and China's economy is going to have an accident. It will take two to three years to deal with it."
Xia Bin believes that the real estate should be gradually on the road of healthy development, "the so-called healthy development direction, I think it is dominated by consumer goods, buy a house is to live."
Xia Bin used the three sentence to interpret the current real estate policy, that is, to curb the excessive upward trend of housing prices in some cities, speed up the construction of social security housing, and resolutely crack down on speculative investment.
He said housing would be harder to buy or sell like stocks later, or there would be less room for making money.
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