UBS: The second half of the first-tier city housing prices or 20%-30%

Wang Zhenyu, head of the Asian Real Estate research unit at UBS, said in Beijing that prices in first-tier cities would fall 20%-30% in the second half of the year. "In the second half of this year, prices in the first-tier cities will fall by 20%-30%, and secondary cities will fall less, with three-tier cities looking at different areas and likely to continue to rise."　　"Wang Zhenyu in the second half of China's real estate market trend analysis will be" said. Wang Zhenyu pointed out that differentiated credit policies, the most concentrated investment demand in the city hit the biggest, so the first-tier city house prices are expected to fall the biggest, second-tier cities fell less, the three-tier cities may not fall.　　Although there are many rumors about the loosening of the property control policy in the early stage, the policy does not exit from the actual data.　　Referring to the concern of the property tax, Wang Zhenyu said that the property tax is an important control tool in the housing market, in China, Hong Kong, the United States, Britain and other mature markets have related taxes, mainland China's first-tier cities within two or three years will also be introduced. Wang Zhenyu said: "In order to first try the ' water temperature ', the property tax can be in several pilot cities first, these pilot cities are certainly big cities." ”