April 14, “Financial stone” broadcast, “Andy Xie: Most people believe that property prices will rise not fall.” Xie said that China’s urbanization has done almost, currently only in rural areas where the elderly and children, even if it has to move to the cities to rural areas, years, need places to live, he shall not buy from the house, so take the city to explain the rise of house prices will not fall is the self-deception. Following is the text Record:
Zeng Jingyi: Bureau of Statistics that we see today did not release in March real estate prices in 70 major cities in the chain of data, in fact, is published in the last month. We take a look, see how the chain private data.
A number of luxury residential sales in Beijing in March, said the chain has doubled, which is Beijing’s Asian high statistical agencies show that in March priced like a luxury 35 000 per square meter, or six million is a significant temperature rise luxury sales . The Mainland’s real estate sources said the past five to six month is Villa season, this year is significantly ahead of schedule. April opened the villa project intends to offer, or nearly 60% year on year, the chain up more than 10%.
Insiders said that the property market more and more like the stock market, experts are not forecast the future prices will go up or down in the end. They said that in 2007 everyone was optimistic about the property market, but by 2008 the property market has fallen. In 2009 when everybody look bad when the property market, property prices have continued to rise. Because of the property market is difficult to speculate, so many people worry that the future gains, and then come later to buy himself a disadvantage. Could it be that people are not afraid of falling real house, then fell to the rather, really lose it?
I remember a few years ago, when we are discussing, in fact, are worried about China’s stock market, but like all of the stock market is not so crazy, but rather on the real estate is crazy. How such a change occur?
Xie: Yes, last time was crazy on the stock market, after the stock market fell, we think the stock market will fall, and I heard a lot of words in private, they think the stock market dropped from more than 6000 points, more than 1,000 points, he was afraid. But in the real estate have not seen such a situation.
The last big real estate is 90 years out, that if 90 out of real estate, mainly in Hainan and Shanghai, Guangdong. House mainly export house, with basically nothing to do with people in general, so most people do not think the real estate cycle, we have this wave of upward cycle began walking from the 2002,2003, and sometimes look a little as if to cut up later, This is a cycle, has been facing up to go. So most people believe that real estate will rise, not fall. And no demographic dividend, and now all children with the elderly in rural areas, Urbanization in China are doing almost the same. Even if there are people who move to rural areas to cities, need places to live, he can afford a house? Them with the real estate market simply does not matter. So you say what the urbanization of population, holding the property, that amounts to cheating their own, or you do not believe, but you are cheating other people.