Dong Wenpei: Prices are rising too fast, no need to conspicuous

Newspaper reporter Wangxiaoxia "in the current control of the rapid rise in prices, the important period, prices do not ' conspicuous '."　　"November 25," China Minsheng Bank chairman Dong Wenpei in "The Second China Real estate finance annual Meeting" said, in the government repeatedly to the real estate market cooling and monetary policy tightening, the future of the real estate market ideal situation should be a "soft landing." Dong Wenpei said that the current real estate market is facing two major changes: the first is the central government to resolutely curb the rise in prices in some cities, strict restrictions on a variety of nominal speculation and speculative housing.　　This year, the government has repeatedly shot to cool the high fever in the real estate market, which has a huge impact on real estate, especially the housing market structure. Second, monetary policy tends to tighten. Expansionary monetary policy was used last year and this year, with ample liquidity.　　But to curb inflation is now a realistic and urgent task, October CPI reached 4.4%, the first half of next year may be up to 5%, tightening liquidity, control the circulation of money, control of credit delivery is a necessary step. Dong Wenpei said that in the current control of the rapid rise in prices, the important period, housing prices do not "conspicuous". House prices rose too fast, speculative speculation in the house, bank credit funds to participate in the property market too much, will form a real estate bubble; When the external conditions change, the bubble will burst, which in turn hurts the real estate industry and the economy.　　This market law has been repeatedly validated by experience at home and abroad. "The future real estate market ideal situation is ' soft landing ', keep Shing but the price is stable." "Dong Wenpei said.　　This requires the joint efforts of all sectors of the community: the Government should continue to improve the land recruitment system, the implementation of real estate planning, to increase effective supply; The developers should take advantage of the homeopathy, the price of sales, maintain high turnover, maintain a reasonable and adequate liquidity, in the premise of financial stability and actively operate　　Zhu Jianfang, chief economist at Citic Securities, said macroeconomic and real estate policies were likely to adjust as domestic inflation gradually fell in the second half of next year.　　Zhu Jianfang that this year's domestic inflation level has been higher, is expected to continue to be high before the Spring Festival, but the high inflation situation in 2011 is likely to change, from the first half of the higher State to the second half of the gradual decline.　　Under the pressure of anti inflation, in terms of monetary policy, there is expected to be three or four times times next year, and the frequency and intensity of reserve ratio increase will be stronger. "Next year's policy start is certainly a relatively tight trend, but there may be some adjustments later this year," Jianfang, the policy adjustment will increase the impact on the real estate market, in addition, the developer's investment and the demand for residents will be restrained. In addition, the protection of housing increase supply will also bring some pressure on the real estate market.　　However, with the macro-policy adjustment, it is expected that the real estate high-pressure policy in the first half of next year will bring some pressure on the market, but the second half of the situation will change.　　Although the real estate market operation pressure is big, but still has the opportunity to grasp. "Developers should be in ' Twelve-Five 'Planning to find opportunities in the real estate industry. "Dong Wenpei said," Twelve-Five "Planning in a special chapter, more than 1400 words to elaborate" to promote regional coordinated development, actively and steadily promote urbanization ", pointed out that the future of the real estate market to a good trend, but the development of the center of gravity has shifted, the large urban groups in small and medium-sized cities with regional planning,　　The central and western two or three-line cities supported by transport infrastructure will receive priority development. Moreover, according to the government's work report, 2010 National plan to build various types of security housing 5.8 million sets, according to the calculation of the construction of land-free costs will be more than 400 billion yuan, the construction of investment is expected to increase the scale of the next year, the policy and funding will be more strong support.　　Dong Wenpei said that real estate enterprises and financial institutions should pay full attention to actively participate in the construction of the housing protection of a huge business opportunities in the people's livelihood projects. SEEC, Director-General of the China Securities Market Research and Design Center, chairman of the Financial news media board, and the producer of the real estate magazine, said that the real estate industry is undergoing deep integration, and that the situation in which small real estate companies can do property alone may have to change.