There are mixed voices to curb house prices

The domestic media's speculation about future house prices is relatively conservative, but the international media are "up" yesterday, Premier Wen Jiabao presided over the State Council executive meeting to study and improve policy measures to promote the healthy development of the real estate market. It clearly put forward, "strengthen market supervision, stabilize market expectations, curb the rapid rise in prices in some cities."　　"In just a few days, the State Council has a new level of attitude toward rising house prices, marking the use of words from repression into containment."　　So, people start from the State Department's meeting to guess what the likelihood of next year's price rise and fall is more likely?　　Reporter this morning, several domestic and international media have reproduced the Xinhua news Agency on "The State Council to curb house prices," the manuscript, some media to interview the industry experts to analyze the trend of house prices next year, and some media to comment.　　It is worth mentioning that the international media's view basically maintains "The main rise", "the Middle", "The Lord Falls" three factions, but the domestic media to the future house price speculation is relatively conservative, few people clear "The Lord Rises", most people maintain the neutral attitude, the minority media is "the Lord Falls".　　A list of the major media views of the centrist Beijing Morning Post Chongqing Morning Post, Chongqing Evening News, Chongqing Business newspaper, Chinese business newspaper, China Network Phoenix, the Information Times Wall Street Journal, the FT Xinhua daily, the first Financial Secretary, the Oriental Morning newspaper, Beijing Times economic Reference newspaper "investor", "Wen Wei Po," the main rose sent Reuters, Bloomberg　　The main Chinese real estate in China has a solid foundation. Bloomberg said this morning, Vivec Arrola, a senior International Monetary Fund representative, said the Chinese property market now has a solid foundation to reduce the risk of China's increasing property bubble. Vivec Arrola said that after a relatively long period of stagnation, China's real estate prices began to rise, and the Chinese people's ability to pay began to improve. So far, housing prices in Low-and middle-income levels have declined relative to income.　　And the government is supporting the middle-and low-income class's real estate aspirations, so China's real estate has a solid foundation. The report also quoted Xinhua as saying that the Chinese government is speeding up the construction of "low-cost housing" and strengthening the supervision of the real estate market.　　　　The State Council last week said the government would impose a sales tax on property sold within five years. Reuters estimates that up to 5% Reuters said yesterday that China's housing market has seen a resurgence this year, with prices in many regions hitting record highs.　　　　China's residential property prices will stabilize or rise by up to 5% per cent from now until the end of next year, and Beijing will gradually take steps to curb property bubbles, according to a recent Reuters survey. The main drop of Chinese property prices in some big cities have been very far through the domestic media reports, reporters do not complete statistics, shouting down less media, only "Beijing Times", "Economic reference newspaper", "Oriental Morning Post" and other 3 media more clearly "cooling" view.　　As the "Beijing Times" article said: "This series of signals will inevitably lead to a decline in turnover, house prices will be narrowed again next year may be a small decline, but not too big." "The Economic reference newspaper published an article said:" The meeting clearly put forward is "containment", the strength is significantly more than "inhibition", more ruthless in "stability." It can be foreseen that next year two sets of loans and other policies will tighten, the possibility of falling house prices increased. The Oriental Morning Post also expressed a similar attitude to this view.　　　　Despite such policies, China has maintained other measures, such as preferential mortgage rates, which played a role in stimulating the property market earlier this year when the economy shrank, the investor reported.　　US housing decline can be a cautionary tale Huangminggao, a professor of finance at Cornell University, says China is still in the early stages of urbanization, with traffic governance to be improved and cities "spread out" with limited capacity, making the city's central property tight.　　This view from Cornell University points out that Chinese culture exaggerates "housing", while China's capital markets are limited and investment opportunities are limited, and real estate has become an important market for investment and speculation.　　Mr Zhu, deputy governor of Central Bank, also points out that U.S. house prices have been declining since 2007, but that the speculative factors are worth studying in China, which is still going up in the crisis after steep. More and more data are also supporting "excessively rising asset prices". Real estate agency United Properties yesterday released the "about Beijing, Shanghai, Shenzhen Three property market bubble degree" research report.　　The report shows that with house prices soaring, Beijing's property market bubble has ranked among the top three first-tier cities, and the bubble has been expanding.　　　　According to a recent survey, nearly half of the 3 million office workers surveyed in 15 cities thought buying a house was the primary cause of their anxiety.　　Centrist local governments may be weak on the new deal, and in today's domestic media, the Beijing Morning News, "Chongqing Morning News", "Chongqing business Newspaper," and several other media, said that the expected future housing prices by policy and market impact, will be smooth, as the "Chongqing Morning News" expressed "will not soar will not fall." While other media expectations of house prices are old-fashioned, for example, the information times expects "property prices to meet the top", without a clear indication that the housing market will move next year, but the analysis of its rhetoric tends to at least not rise. Some experts in the interview with Phoenix said: "House prices are difficult to pass a policy to regulate it, and gradually decline."　　"The Wall Street Journal reported this morning that analysts were not sure how the government's latest plan would affect the overall housing market due to lack of detail, but all said the ultimate effect would depend on policy implementation." For local governments, it is far easier to say than to do, especially in poor, landlocked areas, with neither incentives nor financial resources to support. Despite repeated calls from the Chinese government for the role of low-cost affordable housing in the national property market, local governments are less motivated and slow to move, resulting in weak policy implementation.　　　　The Financial Times said China's housing prices had risen at the highest level in 16 months, exacerbating fears of asset bubbles. Even experts can not read the domestic media reports, the reporter found that the "Xinhua daily" Directly in the title of "house prices are not even experts understand", in the article did not guess the future of the property price trend. "First finance" like no speculation about the rise and fall of property prices, but analysis of the current property market situation, and cited the famous economic experts Zhang said, "The real estate industry because there is no adjustment in place and rapid rebound, coupled with this year's" Land King "frequency, the real estate industry has been a bubble, the whole real estate risk is rising. "Author of this edition/Yin Xiaolin journalist/Zhu Zhihua Wang Yongsheng Lishiang Yang Yi