Economist disputes Beijing House Purchase order

Mr. Wu that the housing limit purchase order highlights the regulatory policy does not coordinate "Caixin net" (reporter Yang Zheyu) Beijing House Purchase order let the 19th to attend the annual meeting of the 50-person forum economists were puzzled.　　16th, the Beijing municipal government announced the property market regulation order, the first rule: Foreigners in Beijing, must provide for five consecutive years to pay social security or a tax proof, and may not buy a second suite. Mr. Wu, a researcher at the Development Research Center of the State Council, said the current regulatory policy was "messy". He took the Beijing House purchase order as an example to point out: The currency is issued by the Central bank, means to give the national commitment, Money can buy goods, but the local government suddenly restricted home purchase. By restricting the purchase of assets, money can only pursue consumer goods, and the Government has proposed efforts to manage inflationary expectations. The senior economist expressed a philosophical annoyance: "Expectations are subjective, and the number of tickets is objective." If we can't control existence, but we have to control consciousness, how to coordinate various policies? "China macro-economic society, Vice President and Secretary-General Wang Jian from the perspective of perfecting the market mechanism raised concerns." He said that the "Twelve-Five" period should focus on addressing institutional and development issues. After this round of financial crisis appeared "the country enters the people to retreat": "The guarantee growth" produces the country to enter, "The adjustment structure" appears the People retreat. "Recently Beijing has appeared in the House to not let outsiders buy, the market mechanism to a large extent from the real estate exit!" "In his view, the two problems are one because of the crisis, one because of the shortage of land."　　But the solution is not long, correct way. A member of the central Bank's monetary Policy committee, Professor Li of Tsinghua University, explained the rationality of the restriction purchase by "local capital control". "As a transitional arrangement, can be upheld. "Because if the housing market is completely dependent on the markets, the price could be huge."　　However, he also pointed out that the devil hidden in the details, Beijing, a major flaw in the purchase order is to put the domicile in the core position, which will be part of the profits of the house, transferred to the profiteering household registration, housing speculation is not controlled. He suggested that the restrictions on the purchase of household registration color, increase work, residential and other aspects of the actual standards, time requirements do not have five years, two years should be enough. "Let Wenzhou and Shanxi's fried housing funds in Beijing for two years, the cost is very high." "