Vice-Minister, Deputy Minister of housing, said March 9, the current regulation of a basic point of departure is, in the supply can not fully meet the needs of the situation, let the temporary limited supply to those who most need to live to purchase the consumer. He made the above remarks at the press conference of the "Affordable housing construction and real estate market regulation" held by the Ministry of Housing, 9th. He said that for the real estate market regulation, the overall view, to alleviate the housing supply and demand contradictions. In alleviating the contradiction between supply and demand, one is to increase the effective supply of ordinary commodity housing, the second is to remove those unreasonable housing demand in the demand, so that the increase in housing supply this part of the most to meet the reasonable demand. For the increase in supply, Vice-Minister said, 2010 new construction of the national commercial housing nearly 1.3 billion square meters, the current national construction of commercial housing, including the year before or even earlier started construction of commercial housing, 2010 National Commercial housing construction area of more than 3 billion square meters. Over time, he says, more and more housing will be pushed to the market, easing supply and demand contradictions from increasing supply. As for the problem of demand, the Ministry of Housing Construction said that some of the current situation is considered to be unreasonable demand. Some buyers buy houses in order to solve their own housing problems, some buyers bought the house is to improve the current housing conditions are very difficult situation. But a lot of people who buy houses, is not to solve the current nowhere to live, nor to improve the housing conditions, perhaps some of this is to consider inflation expectations, in order to add value to preserve their wealth does not shrink, there are some want to go through real estate transactions to get some profits, this is currently some unreasonable housing demand. The focus of the current regulation, Vice-Minister says, is to put a line behind the consumers who are not immediately required to live to buy a house.
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