Residence building experts: the rich to buy a mansion reflects the lack of confidence in the future

Economic observation Network reporter VECHENGWU Special reporter Snow Ting November 12 afternoon news, housing and urban and rural construction Policy Research Center Director Huai today in the Country Hai Fu Franklin Fund 5 Anniversary Forum, said the rich people rush to buy a mansion is the future market economy confidence is insufficient performance. Huai said that next year is likely to show high middle and low prices of all the houses are rising, while the average house prices are falling.　　At present the rich people rush to buy a mansion is to the future market economy confidence insufficiency performance. "When the economy is booming and investors are bullish on the market, entrepreneurs are trying to expand rather than buy a mansion," he said. Only when people withdraw cash from their production systems and their investments to buy a mansion, does it reflect that the market-oriented investment forces are still relatively high on the horizon.　　"Huai said. This paper is a joint launch of Economic observation network and SINA finance.