The problem of excess

according to the reference news network reported on May 31st, America "Wall Street journal" published in May 29th entitled "China real estate" chick adventure game ": buy a house who were to fall, developers, or the government? "Article, author is Gu wei. The article said, Chinese real estate industry one of the important problems in downhill: who will be the first to carry not to live?

article, whether buyers, developers or the government who will be the first to surrender, much will show Chinese how to deal with the seemingly serious bubble.

China real estate information group research director Hong Desheng said: "now Chinese real estate market into a stalemate." Hong De survived said: "developers who bet that once the government succumbed to the growth pressure, the market will soon rebound."

the article said, buyers first carry not least likely. In view of the fact that many people adopt Cheap Wild Jerseys a wait-and-see attitude, the first four months of the real estate sales dropped 10%. Developers are also in torment, developers are still holding stocks and not willing to lower the price. Many developers may be able to withstand short fall survived, but need to rely on the government to relax the liquidity to promote housing demand.

left policy makers. Compared with the past, they Cheap Whalers Jerseys seem more determined not to think the policy in the real estate market. JP Morgan said, last year the real estate industry (including real estate transactions and housing construction Cheap Jets Jerseys Chinese) accounted for 12.7% of GDP, the contribution to GDP growth reached 15.1%. The real estate slow growth will make China government is facing enormous pressure to maintain economic growth.

article said, the real estate downturn comprises an important government initiatives: anti-corruption movement.

large real estate conduit company Centaline founder Shi Yongqing said: "in the past, government officials and their staff accounted for 30% of the buy a house." "Now they dare not buy a house, so as not to be noticed."

Shi Yongqing said, another reason to decline in real estate is along with the market slowdown do short-term benefit investors disappeared, they have a strong purchasing power.

the article said, investors still have in addition to the domestic real estate market other new options, including overseas real estate investment. Have more sets of property China Cheap Hurricanes Jerseys rich is currently busy move funds to overseas. They buy China Real Estate Company in overseas projects, such as in London, Cheap Coyotes Jerseys California and Australia New Development projects. Under Trong volume of the data, the first quarter of this year, Chinese on overseas residential development project investment grew 80%.

prices stable, the number of people to see the store room. Developers in the real estate boom in 2012 and 2013 in the acquisition of land, which means that will increase the supply of 2014. Rating firm Moodie data show, as of the end of 4, first and second tier city inventory has been the equivalent of 14 months of sales, hit a 16 month high reached in February 2012. This put pressure on the capital operation of developers.

The problem of excess

small city is more strict.