First-tier city consumers think prices will be cut

"China's consumer confidence index was 109 in the two quarter of 2010, up 1 points from the first quarter, and has continued to rise for five consecutive quarters." "August 12, Pan Jiancheng, deputy director of China's Economic Prosperity Monitoring Center at the National Bureau of Statistics, announced that a joint Chinese consumer confidence survey with Nielsen company showed that rural consumer confidence continued to climb and city consumer confidence fell.　　In addition, the real estate regulation New deal on urban consumer housing expectations have a significant impact, the first-tier cities most consumers believe that prices will be lowered. The survey showed that urban consumers expected the proportion of "rise" in housing prices significantly reduced, the expected "decline" in the proportion significantly increased. Among them, one or two, three or four-line city consumers expected the share of the decline in housing prices were 41%, 30%, 28% and 28% respectively, increased by 18, 15, 14 and 11% respectively in the first quarter.　　The first-tier City thinks the share of the decline has exceeded its perceived rise. The survey also showed that tenants ' willingness to spend is declining, and that their willingness to spend is rising, Pan Jiancheng that it may be that rent increases depress tenants ' consumption needs.