People from all walks of life to debate real estate price adjustment

Li said prices will soon be adjusted and Pan Shiyi predicts prices will not be lowered at Tsinghua University's China and World Economic Forum on 24th, academics and business people are debating whether real estate policies can effectively regulate house prices. Ma Xiao, deputy dean of the National Development and Reform Commission's Macroeconomic Research Institute, pointed out that the main contribution in the economy last year was real estate, automobiles, infrastructure, and real estate's direct indirect contribution to GDP was 20%.　　Therefore, the purpose of this round of real estate regulation is not to suppress house prices, but to stabilize housing prices and ensure a stable and healthy development of the real estate industry.　　Li, director of the central Bank's monetary policy committee, Tsinghua University China and the World Economic Research Center, said that, given the current policy behind various social forces, this round of real estate regulation and the past, housing prices in the near future will be a certain adjustment. While Pan Shiyi, chairman of Soho China, has different opinions, he believes that the new "country 10" is the focus of precision hit the city of high prices, but for the regulation of house prices, the effect is not. He predicts that the next period of time will reduce the volume of housing, and even the "check-out tide", but the price will not be reduced, because now developers have money in hand, the fund chain has security, but is a lot of second-tier city of small and medium-sized real estate business, capital chain tension, this round of regulation　　As a result, house prices in second-tier cities are likely to go up now and not rise in the future. On how to solve the current problems in the real estate industry, Pan Shiyi pointed out that the most immediate solution is monetary policy, adjust interest rates and the first Bibi; the second policy is tax policy, but the most fundamental is the land issue. Ma Xiao also said that the problem of land in China is essentially a system problem, to stabilize land prices, we must reform the land system arrangements. and the current domestic investment channels are too narrow, so money driven asset prices are inevitable.