Shanghai leisurely Investment Management Co., Ltd. Chairman Lu yesterday in Shanghai to attend the "First China Sunshine Private Equity Summit" when the language is astonishing: "The real driving the Chinese economy out of the trough is consumption and real estate, rather than the 4 trillion yuan economic stimulus plan." "The former cast Morgan" away from the Star fund manager said, divided into two years after the 4 trillion yuan investment, the current central issued funds already in place, the local matching funds in place of the rate is uneven, and some only to half, now many places spend a lot of energy in real estate. In Lu's view, if there is no real estate boom, local supporting funds can not be a bit, because local funds are heavily dependent on real estate. When talking about residents ' consumption capacity and real estate prices, Lu said "very supportive of Ren Zhiqiang's views". He believes that there is no need to worry about the so-called real estate bubble, residents can bear more expensive housing, "although the people hate high prices, but if the housing slump, China's 1.3 billion people may be 1.295 billion people are damaged, only 5 million anxious to buy a house of young people benefit, real estate is China's real pillar industry." Lu the day of the "2008-2009 Best Sunshine Private equity manager" title.
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