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Siwei says a big drop in house prices is bad for all parties

Source: Internet
Author: User
Keywords Siwei
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I don't know what else I can do to make the price go down dramatically, and I think the big drop in housing prices, is not good for all aspects, the housing people's assets shrink, local government revenue reduced, the real people can not afford to buy a house, even if the housing price down 50%, is also not able to afford, only to buy a second suite of people to provide benefits.　　Of course, there is a bubble in the price of a first-tier city, which is true, and I think the price of first-tier cities will fall to the end of last year. Economist Siwei at the 2010 Huashan Forum on the Sword Summit.

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