Many provincial and ministerial-level senior officials are determined to curb housing prices.

Guo Jindragon, representative of the National People's Congress and mayor of Beijing, explicitly expressed in his speech during the review that "Beijing should make great efforts to take the lead in adjusting housing prices."

Guo Jindragon: Beijing will take the lead in adjusting housing prices

Mayor of Beijing, Guo Jindragon, clearly stated in the government work report that this year there would be continued efforts to rectify and standardize the real estate market order, investigate illegal activities such as withholding properties from the market, occupying land without use, and inflating housing prices, and curb the rapid rise in housing prices. This is also the first time after the "National 11 Measures" that the Beijing municipal government has officially expressed its stance on real estate regulation.

The construction cost of residential buildings in Beijing is 3000 yuan per square meter; high housing prices are actually due to high land prices.

Du Deyin: The construction cost of Beijing's housing prices only accounts for 20%.

Director of the Beijing Development and Reform Commission: Housing prices this year will not experience dramatic changes.