China's real estate market rigid demand one-sided exaggerated reasonable fall is the trend

BCC Beijing August 31 News According to the Chinese voice of the global Chinese Broadcasting Network, 12:45 reported that now, if you go to the sales office to see the house, the sales Miss favorite word is: "house prices can not be lowered, Beijing has so many rigid demand, the future price is going to rise, hurriedly buy it." "In recent years, the rigid demand theory of the property market has been rampant, specifically: Because China has a lot of rigid demand, so house prices will not fall sharply, and may even rebound sharply." This plausible logic makes many cash buyers feel panic. This morning, "People's Daily" published an article said: "Do not exaggerate the rigid demand of the property market, reasonable retreat is the trend of the times."　　Let's connect the "21st Century Economic Report" real Estate news director Li Yigo: Moderator: Do you think the rigid demand of China's housing market is how big, real estate prices can not be further down? Li Yigo: Rigid demand is that we have been for so many years, more than 10 years has been stressed that a word is also used by developers to do the slogan of a word, just as you mentioned the salesman is also as a propaganda strategy tool. In fact, there is a lot of rigid demand, we cite such as the urbanization of the new population of the housing needs, as well as the original population of a housing improvement needs, as well as the needs of relocation, these needs do exist. But let's not exaggerate these needs, which means that they are really the cornerstone of our housing and real estate development, but if we exaggerate this to the point of rising house prices, you cannot explain why prices have not risen or even started to fall since April. In other words, if the demand has been so big, like the previous publicity so big house prices have been rising constantly rise why stop? That is to say, many of them wrapping investment and speculative demand to rigid demand.　　In fact, we have to curb the investment and speculative demand, this part of the curb, the so-called rigid demand we want to protect, but to curb that part of the demand for housing prices may fall. Moderator: If the rigid demand theory is to refute its simplest argument, why is house prices suddenly maintaining a relatively stable state of the rally?　　If you stand on the last day of August 31, 2010, the next price trend will be what kind of, house prices will fall or other changes? Li Yigo: We observed changes in these four or five months. Although the so-called volume of the previous period has been enlarged, some of the real estate is also slightly up, in fact, the overall trend as you just mentioned the article of the People's Daily, reasonable retreat is a big trend, and the future of this trend to be accelerated. In other words, from the policy, the market and financial aspects of the situation, any one of the decisions of the developers can not go on, prices must go down, and this trend will be faster and quicker.