Gold Rock: The next 5 years to double the amount of real estate prices push up the property market

Gold Rock Chart of National Gold Securities chief Analyst Gold Rock according to CFP Securities chief Analyst Jin Rocks yesterday in "The Tianfu Big Hall" to make bold predictions of the best quotations "to curb the excessive rise in housing prices in a few cities, the subtext is to allow prices to rise steadily in most cities." "Now the Phoenix Island on the private yacht is not much, and so one day the yacht is full, hainan prices may rise to the head." "In early 2009, I dare say buying shares in the first half and buying a house in the second half of the year, now I can predict that house prices will double in the next 5 years."　　"Yesterday, in the industrial and Commercial Bank of China's Sichuan provincial branch of the Department of Business," The Tianfu Big Hall, "Gold Rock, the chief analyst of National Gold Securities bold forecast, because the liquidity eventually injected into asset prices, the future real estate prices will rise. On China's real estate market to push up the price of the gold rock is the growth of money in the next 10 years, he said that from 1992 to now, the central bank printing paper money annually at about 23%, and the economic growth rate is about 8.9%, according to the economic sense of inflation calculation method, inflation is about 14%,　　In terms of compound interest, that is, 5 years to double. "All the consumer goods and investments around us can be packed in a bucket and pool." "In the bucket is the basic necessities of life, the pool is the stock market, the property market, government investment, luxury, etc., the bucket floating in the pool, with the water level in the pool".　　The central bank increases liquidity, that is, the money is put into the currency, with only two options, buckets or pools, Gold said.　　If the inflow of barrels, such as food and shelter and other people-related prices to rise, and then lead to higher wages, factory costs, will be laid off, then there is a large number of the poor worry about unemployment; "If you are management, which would you rather choose?" Do most people lose their jobs or are they bankrupt by a few? "Gold Rock said that to make more people work, the price must be high prices, the central issue policy said to curb the excessive rise in prices in a few cities, the subtext is to allow a steady rise in prices in most cities. As a result, the gap between the rich and poor is widening. "The so-called rich, is a debt-capable people, such as debt to buy a house." Gold Rock says that when a house becomes a symbol of wealth, more and more people choose to buy a house in debt to blow up the bubble. "Although I have decided that prices will double in 5 years, it may be the last one, because the price of renting is already very cheap, and it cannot support the high prices now," he said.　　"Talk about Hainan real estate private yacht stop full when the bubble burst for the current concern of the Hainan international Tourism Island problem, Gold Rock said that Hainan's real estate has a bubble, but when the bubble burst, to see Phoenix Island when the yacht is full. Gold Rock said that 2004 Hainan International Tourism Island Plan has been declared waiting for approval, but a drag is 6 years, why did not do, now to participate in this "game",Because the Chinese were inspired by Dubai.　　Dubai before the start of the construction, but only a stopover for international flights Midway, the population is only 10,000, but now the population reached 1.5 million, and attracted the Tiger Woods, Brad Pitt and other first-line star occupancy, Hainan can follow this story, and speak better.　　In fact, from 2004 to 2008, Hainan's house prices have doubled, from 2008 to now, and Rose 1.5 times times, Gold Rock said, now to invest in Hainan, is to have a bubble mentality, now the Phoenix Island to stop the private yacht is not much, and so one day the yacht is full, Hainan price　　may have risen to the head or remained stable at a high level. Inflation in China is not included in the CPI "there are two kinds of inflation in real life, one is inflation in economics, the other is inflation in statistics." Gold rock says inflation in economics is the first to figure out how much money has been issued this year, and how big the economy is, minus inflation. "It is clear that we are now pursuing a 8% growth rate of 23% per cent of the money." "In the logic of statistics, the important criterion for inflation is CPI, and CPI is determined by the weighted average price of consumer goods." "Which consumer goods can be counted into the CPI and which cannot be counted, is determined by the Bureau of Statistics." Gold Rock says the weight of grain reaches 34%, its core price is pork price. "Therefore, do not underestimate the price of pork, because many of our country's policy prices are determined by the price of pork." "Why everyone is concerned about the central bank's decision to tighten monetary policy, because it means that the speed at which money is dropped will affect the loan consumption and reproduction of many businesses and individuals." One of the key factors that can influence central bank decisions is CPI, which is often priced at the price of pork. Gold Rock said that now many business people are investing in pigs, such as Guo's Fosun stake, Goldman Sachs as an investment bank, but does pork really make money? He and from the "pig business" started in Sichuan tycoon Liu also had a dialogue: "Never good, you tell me honestly, pig really can make money?" "Really not make much money, because once the price of pork, people will come to say that this can not rise, the rise will lead to inflation." "Gold Rock said that in the United States, the calculation of CPI is to be included in the price, the weight of up to 42%, they are listed as consumer goods rather than investment goods, typically to" live "as the core, while in China, the House is investment goods, not included in the CPI assessment scope. Reporter Chen Chunhu