Academy of Social Sciences: this year's price reduction is unlikely

"2010 National housing prices down the possibility of a small, mainly because this year's real estate market supply and demand relationship is still tight." However, in the economic situation and policy regulation, compared with the rapid growth of 23.6% in 2009, the 2010 house prices will be in the consolidation of the growth rate slowed down, the year-on-year increase in housing prices from high to low trend.　　"China real Estate Blue Book (2010)", which was held by the Chinese Academy of Social Sciences in 5th, Li Jingguo, director of land and real estate research at the Institute of Urban Development and Environment of Cass, said in an interview with the economic reference newspaper. Li Jingguo to reporters frankly, although the April state issued a series of policies, hot city housing prices may also be lower, but from the national view of the possibility of a decline in house prices, because "the national regulation of the idea is to stabilize housing prices, rather than to suppress the real estate industry." However, at the press conference, other experts on the Li Jingguo of this view is not unified. Chao Song, director of land Surveying and Planning Institute of the Ministry of Lands and Resources, said that the current regulation of the real estate market is not only a question of economic problems, people's livelihood, but has even risen to political problems. Can adjust to live, to a certain extent, even affect the central decision-making in the minds of the common people's credibility. Therefore, I believe that the local government will take this issue seriously in the next period of time, and the corresponding measures will be actively followed up. In this case, the real estate market in some regions is expected to adjust in the second half of the year, in some overpriced areas, housing prices may even have a more substantial correction. Of course, that does not mean that the property market will plummet.　　Housing and Urban and rural Ministry of Construction Policy Research Center deputy director Wang Lin also said that the real estate industry regulation, the State Council under a lot of determination, the effect of regulation is not sure, so the 2010 real estate market will be adjusted is inevitable. According to Wang Lin, the central government's attitude towards the real estate industry is likely to be a continuous policy until the regulatory policy to achieve the desired effect. But in Li Jingguo's view, the new policy is unlikely to be forthcoming for at least a short period of 3-4 months. He said that the policy from the introduction to the implementation of the initial results of a time process, the country is likely to first of all the effect of this round of observation, and then consider the need for new policies. Moreover, whether the new policy can be introduced is not entirely dependent on the changes in the real estate industry itself, but also on the international and domestic economic situation. If the world economy appeared two times this year, especially now some experts predict that the Japanese economy will be a crisis after Greece, given the greater economic and trade exchanges between Japan and China, Japan's economic problems are likely to affect China. If this happens, the state will not easily again on the real estate, the pillar industry of the national economy to carry out large-scale regulation.