久久久无码人妻精品无码_6080YYY午夜理论片中无码_性无码专区_无码人妻品一区二区三区精99

chinadaily.com.cn
left corner left corner
China Daily Website

Property bulges against restraint

Updated: 2013-01-07 14:01
By Dai Yiyi ( China Daily)

Property bulges against restraint

Real estate market in China likely to see major investment swings this year

It is no exaggeration to say that China has the largest and the most eye-catching real estate market in the world. In the past year, the real estate market has experienced dramatic changes, with a cold market at the beginning, a strong wait-and-see mood mid-year and then a hot market at the end. The question is, what will the market be like this year?

I firmly believe that it will not witness the hard landing predicted by American economist Nouriel Roubini and Chinese economist Xie Guozhong. Instead, it will see a new round of price hikes. More importantly, the market structure will also undergo several rapid changes.

Recovering market

The financial crisis in the US since 2008 has been an important factor that has swayed the real estate market in China. Taking this into consideration will help us understand the logic behind the fluctuating market performances.

To withstand the impact of the crisis, the Chinese government implemented fiscal and monetary policies in 2009 and 2010 to ensure economic growth and employment. While successfully resisting the crisis impact, these policies also resulted in an overheated economy. Curbing the excessive increase in housing prices and commodity prices hence became the top priority for the government by the end of 2010.

In 2011, the government released tough real estate regulation and control policy. On one hand, it put purchase restrictions on property in big cities with high housing price rises, such as Beijng, Shanghai and Shenzhen. On the other hand, it also started an unprecedented big low-income housing construction plan to increase the supply. The regulation soon reversed people's expectation for the market.

By the end of 2011, housing supply exceeded demand. Slow market and the real estate developers' lack of funds brought property prices in some cities down noticeably, especially where purchase restriction was applied. The opening prices of some new buildings decreased by 20 to 30 percent. This situation continued until the second quarter of 2012.

At that time, China's economy was beset with difficulties at home and abroad. In the absence of any major improvement in the global economy, overseas demand for Chinese products continued to remain weak, while domestic demand was hit by one and a half years of tight financing. For the first half of 2012, the growth rate of China's GDP decreased for six consecutive months. In the second quarter of 2012, it dipped below 8 percent.

Strict purchase restrictions on property and decreases in housing prices also resulted in a quiet land market. Land parcels failed to sell at auction, and thereby put a strain on local government finances.

Under these circumstances, the government transferred its macroeconomic control goals back to guarantee economic growth and employment starting from the second quarter of 2012. The central government gradually eased monetary policy, and local governments gradually made adjustments to the purchase restriction regulations. About 40 cities in China have issued documents to make adjustments to their real estate policies.

Under the relatively loose credit requirements, the policies boosted consumer confidence and helped the market boom again. Last July, housing prices in 70 cities saw a month-on-month increase for the first time.

By November and December, in first-tier cities such as Beijing and Shanghai and second-tier cities such as Chongqing and Xiamen, some buildings were sold out on the opening day as buyers believed that housing prices may firm up again in the long term. These changes indicate that China's real estate market will finally exit the two-year bear market, and see another round of price increases. As the government's goals are to ensure economic growth and employment, the recovery of the real estate market will be a major keyword this year.

Previous Page 1 2 Next Page

 
...
...
...
久久久无码人妻精品无码_6080YYY午夜理论片中无码_性无码专区_无码人妻品一区二区三区精99

    亚洲高清在线视频| 日韩高清在线一区| 91在线观看地址| 亚洲精品福利视频网站| 欧美性大战久久久| 日本中文在线一区| 精品欧美乱码久久久久久1区2区| 国产精品一区二区三区乱码| 综合色天天鬼久久鬼色| 欧美色手机在线观看| 日本欧美在线观看| 久久久久久夜精品精品免费| 99re视频精品| 视频在线观看国产精品| 欧美精品一区视频| a4yy欧美一区二区三区| 亚洲第一久久影院| 欧美精品一区二区三区蜜臀| 99re热这里只有精品视频| 亚洲第一会所有码转帖| 26uuu精品一区二区在线观看| www.激情成人| 天天射综合影视| 国产亚洲人成网站| 欧美视频在线观看一区| 久99久精品视频免费观看| 国产精品超碰97尤物18| 欧美疯狂性受xxxxx喷水图片| 国产91色综合久久免费分享| 亚洲无线码一区二区三区| 久久毛片高清国产| 在线精品视频小说1| 久久99久久99小草精品免视看| 中文字幕在线不卡一区二区三区| 欧美一区二区视频网站| 丁香啪啪综合成人亚洲小说| 亚洲电影视频在线| 国产欧美一区二区精品婷婷| 欧美老人xxxx18| 波多野结衣亚洲一区| 日韩精品色哟哟| 国产精品国产精品国产专区不片| 欧美一区二区视频在线观看2022| 99国产精品国产精品久久| 九九九精品视频| 亚洲欧美国产高清| 国产亚洲综合性久久久影院| 欧美理论电影在线| 91丝袜美腿高跟国产极品老师| 国产自产2019最新不卡| 亚洲成人午夜影院| 综合av第一页| 久久久影院官网| 日韩一区二区三区在线| 91片在线免费观看| 国产精品99久久久久久久女警| 婷婷综合五月天| 综合久久久久久| 国产婷婷一区二区| 日韩免费性生活视频播放| 欧美亚洲国产一区二区三区va| 成人午夜av影视| 麻豆精品久久久| 性做久久久久久免费观看欧美| 中文字幕一区二区在线播放| 久久免费精品国产久精品久久久久| 欧美久久久影院| 日本道精品一区二区三区| 懂色av一区二区夜夜嗨| 激情五月激情综合网| 日日欢夜夜爽一区| 亚洲一区二区三区国产| 亚洲人妖av一区二区| 国产日产精品一区| 精品国产91久久久久久久妲己| 欧美日韩和欧美的一区二区| 91免费视频网| 9i看片成人免费高清| 粉嫩高潮美女一区二区三区| 韩国av一区二区三区在线观看| 日韩av中文字幕一区二区| 亚洲一区二区三区在线看| 亚洲视频在线一区| 国产精品青草综合久久久久99| 26uuu成人网一区二区三区| 日韩欧美久久久| 日韩一区二区三区高清免费看看| 欧美日韩一区二区三区高清 | 国内成+人亚洲+欧美+综合在线 | 91久久精品午夜一区二区| av在线这里只有精品| 成人免费高清视频| 懂色av一区二区三区免费观看| 国产成人免费xxxxxxxx| 国产v综合v亚洲欧| 福利视频网站一区二区三区| 丁香五精品蜜臀久久久久99网站| 国产麻豆精品95视频| 国产美女精品在线| 国产精品影视网| 高潮精品一区videoshd| 成年人网站91| 99视频精品全部免费在线| 91小视频免费观看| 色婷婷激情一区二区三区| 欧美在线观看一区| 欧美日韩国产首页在线观看| 337p亚洲精品色噜噜狠狠| 欧美一区二区三区免费视频| 日韩一区二区精品葵司在线| 日韩精品中文字幕在线一区| 欧美电影精品一区二区| 精品国产sm最大网站| 久久久不卡影院| 国产精品成人网| 一区二区三区精品视频在线| 亚洲午夜免费电影| 免费在线视频一区| 国产麻豆精品95视频| 成人午夜私人影院| 91女厕偷拍女厕偷拍高清| 欧美亚洲国产bt| 日韩一区二区三区高清免费看看| 久久综合色综合88| 国产精品久久久久久久久动漫| 亚洲免费在线电影| 天天免费综合色| 久久国产综合精品| 盗摄精品av一区二区三区| 一本一道波多野结衣一区二区| 欧美日韩精品一区二区三区蜜桃 | 亚洲成人av福利| 麻豆精品在线看| 成人网男人的天堂| 色婷婷亚洲婷婷| 欧美一区二区三区在线| 久久精品网站免费观看| 亚洲视频一区在线| 日本va欧美va精品| 国产风韵犹存在线视精品| 一本色道久久加勒比精品| 91精品婷婷国产综合久久竹菊| 久久免费的精品国产v∧| 亚洲精品一卡二卡| 久久精品理论片| 99久久99久久精品国产片果冻| 欧美日韩在线综合| 久久午夜老司机| 亚洲精选一二三| 久久国产精品99精品国产| 不卡一区在线观看| 欧美伦理电影网| 中文字幕精品—区二区四季| 亚洲午夜免费视频| 国产精品一级片在线观看| 色狠狠综合天天综合综合| 欧美videofree性高清杂交| 亚洲日本在线a| 美国av一区二区| 91免费观看视频在线| 欧美一级xxx| 亚洲欧美aⅴ...| 韩国女主播成人在线| 在线观看不卡一区| 国产性色一区二区| 婷婷六月综合网| 99久久免费精品| 日韩欧美精品在线| 亚洲精品日韩专区silk| 黄一区二区三区| 欧美三级在线播放| 中文字幕第一页久久| 日韩和欧美一区二区三区| 99精品久久久久久| 精品国产欧美一区二区| 夜夜精品浪潮av一区二区三区| 国产成人av在线影院| 69av一区二区三区| 亚洲欧美一区二区三区孕妇| 国产精一区二区三区| 555www色欧美视频| 综合亚洲深深色噜噜狠狠网站| 狠狠色丁香婷婷综合| 欧美日韩国产bt| 亚洲日本在线a| 国产很黄免费观看久久| 欧美一区二区福利在线| 亚洲综合激情网| 99久久精品一区二区| 久久久美女毛片| 蜜乳av一区二区| 欧美性欧美巨大黑白大战| 中文字幕精品一区| 国内成人免费视频| 日韩一级片在线播放| 亚洲第一搞黄网站| 色综合视频一区二区三区高清| 国产日韩欧美精品一区| 九九**精品视频免费播放| 欧美精品777|