Experts say house prices are rising modestly this year, luxury spending by the wealthy

In yesterday's "2010 macro-economic and real Estate Outlook forum", the vice president of China Economic System Research Institute, DEPAI, director of the Fortune card economic forecast, said that the future rise in real estate prices is inevitable, but after last year's "blowout", this year will tend to moderate. Depai said that the 2010 property market trend has a major feature, is the "Smile curve." "What is the smile curve?" When a person smiles, the ends of his mouth are upward. He said that one end is affordable housing, because the central decision-making at the economic work Conference, the Government urged local governments to actively build affordable homes, such as house, the purpose is to protect the most basic demand for homes, and buyers of the "threshold" will also be reduced. "The amount of affordable housing will multiply in this year, because this end, people are very concerned about." "As for the other end, Depai thinks it is the high-end market. "Nanjing has already priced 50,000 yuan as a high-end product, Shanghai's standard is at least 150,000 yuan, some developers to play ads and even put forward the ' collection of Villas ' slogan, the word is very interesting, has been different from the living consumer goods, with a similar gold-like collection value, into a luxury. Depai said, "Now where is the luxury of the rich?" All pegged to the property. "Compared with 2009 blowout, 2010 will tend to moderate, but the rise is inevitable." "Depai thinks. (Mazoupo)