Beijing house prices in October after nine years fallen by 50% to

Reporter: Gold is now entering the traditional peak season nine silver ten of the property market

experienced a few months of regulation, the property market also began to have signs of recovery. April's

control policy

Is the turn of the property market, and in gold and silver October, when nine signs of recovery appeared,

you think, nine silver ten gold property market will become a turning point?



Chopper: I do not think so, relative to this year's Dragon Boat Festival, the Beijing property market

turnover has tripled in popularity is also good, prices are relatively strong, and, through real estate

Media boasting and amplification, and that the market is simply excellent. However, everything depends on

nature, you can not compared to this year's low, it should be and the same period last year, due to

Last year, nine silver and gold for the ten compared to net signed data from point of view, Beijing's

average daily volume is only 40% of last year, only half the normal year. So, I understand

Not a pick up, but the last of the crazy speculation, many people will have to foot the bill so the bubble

burst.



It is clear that after September, October, Beijing property market will start to fall into the channel,

turnover is not sustainable, the formation of inflection point in the turn of the year.


Reporter: Will the next state regulation of new policies introduced to prevent a rebound in prices again?



Chopper: the New Deal are no problem. Judging from the trend, the market supply and demand relationship is

reversed, with Beijing a huge amount of residential vacant, whether it is a new house or second-hand

Housing, lack the purchasing power of the support, so this year ninety-two spent on the game just passed

the last drum with a stick, not a crazy fool to buy a house now, does not exist, a new

Government to prevent house prices rebound thing.


However, according to the advance of time round the rhythm of view, but behind the adjustment of monetary

policy, and property tax levy, when implemented, depending on the efficiency of government

. Currently, the government was busy promoting the social security funds to implement and residential

projects started, expected early next year, the adjustment of monetary policy, and property tax levy to be

carried out effectively

If how, when the time will be tested.

National Bureau of Statistics has just published a new statistical system prices in 70 cities nationwide

to implement computer network statistics, it is to crack down on property speculators. Computational

Machine technology and the banking credit system, public security network information system of household

registration, you also how to speculation? This is to curb property speculation of the most effective

method.



Reporter: After ten gold nine silver, after the second half of the property market to your view? How the

volume and price changes occur?



Chopper: only a quarter of the second half, so talk about things, will be false positives. We see two to

five years. Next year, Beijing will supply the peak there, including the upscale ho

Residential, commercial housing, affordable housing and public housing rent and other products, mass

release, the formation of the peak supply of the next two years, while market demand will be like as the

tide receded,

The group will choose a large number of public rental housing and other social security, housing market

plummeted, turnover shrinking dramatically.



The next two years, Beijing commercial housing prices have plunged, dropping by more than 50%. The

Government can no longer rely on note-issuing rescue the city, the public will strongly oppose Beijing

Save the high prices. In addition to issuing, I do not see, who else would buy such expensive homes?