The representative said real estate is like a cancer cell that endangers the society, and it is very dangerous if it continues to rise.

by hongsesiyuan on 2010-03-08 11:36:56

Why are housing prices always so high? Suppressing demand is not a fundamental cure.

Housing prices are undoubtedly a scorching hot topic at this year's Two Sessions. In the afternoon of March 7, the China Youth Daily and CYOL's Two Sessions interview series specially invited Guo Songhai, a member of the National Committee of the Chinese People's Political Consultative Conference and director of the Real Estate Economics Research Institute of Shandong Economic College, and Guo Guoqing, a deputy to the National People's Congress and professor at Renmin University of China, for an in-depth discussion on issues such as the government's position and responsibilities, the rapid rise in housing prices in medium and small cities, and the introduction of property taxes or vacant house taxes.