2014年5月29日星期四

far from good.

Cheap Mississippi State Bulldogs Jerseys xinhuanet.com Beijing 22 May report (reporter Han Mo) "hissing smoke China real estate market is cooling," "New York Times" in a recent report says. Since nearly two months, public opinion overseas and domestic media, closely following the new trend of the real estate market Chinese.

city prices up, real estate investment growth rate has declined, the decline in sales, new construction land transaction atrophy, cooling...... More and more overseas experts believe, these rare phenomenon that Chinese superposition, the real estate market is undergoing structural changes, the depth of the adjustment window has been opened, the new normal will appear. However, from folk to academia, many myths about the China real estate still linger, some fundamental questions still need to be clarified.

myths: prices fall is good?

the latest National Bureau of statistics data show, 70 large and medium-sized city, Cheap Tennessee Volunteers Jerseys new commodity residential house prices in May rose by only 44, the lowest since the end of 2012. The second-hand housing prices rose only 35, also hit a new low.

thereafter, internet call house prices or even collapse sound can be heard without end. Part of the media also said that the real estate bubble is about to collapse, Chinese property on the verge Cheap Ole Miss Rebels Jerseys of death or destruction. Many overseas experts, the voice behind is the people of the high prices of fear and anger. But if Cheap Florida Gators Jerseys prices really fall, to the national welfare, economic operation and reform to the future, far from good.

first, real estate and other industry association, prices plummeted means economic loss. Mizuho Securities Asia Inc chief economist Shen Jianguang said, the real estate market cold, iron and steel, cement, chemical and other upstream industries will be confined, the downstream industry appliance, furniture, decoration materials will also be weak. The British "Financial Times" also warned that the real estate market, such as the rapid cooling, will trigger a hard landing China economy "".

second, too fast down the accumulation of financial risk prices. The special nature of the real estate is the dual attributes of both resistant products and investment products. Barclays Bank said in a report in May, the housing market remains in the doldrums can trigger a chain reaction: the part of the housing enterprises funds Lianduanlie, financial Cheap South Carolina Gamecocks Jerseys institutions and large exposures, as collateral property and land significant devaluation. This downward spiral once opened, possible outbreak of the liquidity and debt crisis.

finally, tumbling prices did not release the consumption potential as some people imagine, it may cause the family wealth and consumption severe atrophy. A housing downturn in consumption and investment, thus cause will be worsening business environment, eroding employment, livelihood and social stability to shake.

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