Economists at the Academy of Social Sciences: house prices could fall 40% to 50%

May 21, China real estate Young Turks first dialogue, with the Chinese Academy of Social Sciences well-known economist Mr. Mr Cao and many real estate developers talk about the property market, focusing mainly on the recent introduction of a series of real estate New deal to discuss.　　Mr Cao for the new deal one months ago that the new deal, the Chinese property market, its housing prices may fall 40%-50%. Mr Cao said that if the rise in the last year, the national level should have a 40%-50% decline, the first-tier cities should be much lower. Based on the three points: first, China's economic growth must be 8%, this is problematic, real growth may be 3% to 5%, according to a reasonable deduction of green GDP, our economy may not be growth.　　To convert a green paddy field into a villa, I think it is a huge loss of wealth. In addition, the majority of people's income growth is very limited, far behind the rise in housing prices.　　It's natural to fall back when you can't afford the price. At the same time, one months ago, the country had slightly adjusted its credit policy, and now there is a glut.　　Therefore, the housing is a serious surplus, never in short supply, even if the existing part of the demand, it should be defined as unreasonable demand, malicious demand, this is for unspeakable purposes, take the house to grab the wealth of society. Reporter Wu Congbin link: "Real estate Young Turks" is relying on China's first real estate talk show--and the three-person line of property, by Wang Zhizhong, Guoteng, Chaya three real estate senior people launched.　　Real estate Young Turks core members from the People's Bank of China, the Securities and Development Commission, the Ministry of Land and Resources, the Chinese Academy of Social Sciences, the Audit Commission and other units, as well as Vanke, the Sea, Greentown, golden Land, Sunshine 100 and other more than 10 large-scale development enterprises. The real estate Young Turks from the birth date, obtains the CCTV-2, the Chinese voice, the news, Sina, searches the room, NetEase, the Chinese press Network, the land Resources newspaper, The Beijing Times, the Beijing News, the Chongqing evening paper, the entire Classics union, in the Union and so on more than 40 media and the organization support