Guard against resurgence of serious deflation - On the property market

 Guard against serious deflation comeback
mm Also on the property market
Finance and Capital Research Center, Fudan University, director of the Zhuhai Municipal CPPCC members Professor Xie Baisan
(a) deflation is the natural enemy of economic operation
must be highly vigilant. 1998 Asian financial crisis, China appears Bainianweiyu deflation, CPI appeared -1.4%, has been coming out until 2002. The last time most likely a more serious deflation.
deflation criteria: price inflation continued to fall until the absolute lower and fell; money supply growth rate continued to drop until the lower and the absolute decline; GDP growth rate continued to drop until the lower and absolute decline. a socialist planned economy is no disease, that When is the inflation case of minor, moderate and benign, can stimulate economic development,cheap UGG boots, million workers laid-off workers, displaced; economy continues to slump, the crisis. 1929 mm 1933 years, the United States,bailey UGG boots, Europe, the Great Depression there is severe deflation. was hard for many years, the stock market plunged 80%, thousands of bank failures the collapse of the financial system and institutions across the board.
China in January 1% CPI increase sharply; as oil prices, raw material prices fell sharply, down 3.3% ex-factory price of industrial; the same time, rail freight by 31%, industrial production fell 12%,UGG shoes, the so-called Shenzhen stock companies have disclosed 1009 financial position in 2008, overall sales fell more than four percent. Annual Report of the the economy have both been the worst situation since 1929. I days, CPPCC members elected Zhuhai, Hong Kong, Macao entrepreneurs with many exchanges. they are very hard to tell me that the economic situation abroad is very, very bad, people do not consume, China Mainland China is still quite good, . the kind of short-term expectations of the Chinese economy largest industry in the revitalization plan is not even the real estate industry
can not rely on domestic demand, China's economic revitalization of domestic demand to get up fifteen mm two decades. the capital shouting feel that they not understand national conditions, adhere a few years ago, 15,700 yuan. to see a serious illness of tens of thousands, on a college 60000, buy a town house 50 mm 100 million, have laid-off. you put the TV, cell phone sending the countryside, not help, can not afford the total domestic demand pull can not change the strategic situation.
outside the Chinese economy rely on exports. (should immediately repeal the in by the real estate industry. United States and Europe in this great crisis, the tsunami all the property down, caused the collapse; Japan's real estate market collapsed 10 years, or 80%, the economy has built up. (Note Japan the stock market in December 1989 to 4 million points, fell to 8,000 in 2002, rebounded to 1.4 million points, now 18 years later, still 7,000 points. This is to warn the Chinese, the Chinese do not follow the path of step it.)
affecting the real estate industry of steel, cement, copper, aluminum, zinc, transportation, furniture, decoration, a total of 42 industries. real estate Xing Xing is China's economy, the real estate decline is China's economic decline, the role of real estate, the effects of weight Big is real. Yi Xianrong slander that it is appearance, the author with a heavy heart for a long time. how real estate is not psychic gem mm ah!
Wang out about the real estate speculation too far a few years ago, is I went to Shenzhen a few years, he accompanied me for two days. was really renowned the world over. In his opinion, the real estate also fell.
I have not made specific comments on the situation throughout the country, such as Shenzhen, Zhuhai, half the price is is one-third of Hong Kong and Macao, the Government gave to the lowest, it will fall. Changsha, 80% of the vacant house, only 3500 mm 4000 yuan / square meter, but its per capita income is also low. but the whole country is still lingering stalemate, but the overall feeling down.
I hope that under the action of the real estate market in full, natural, quick adjustment in place, such as Shanghai 2 mm 3 million house prices fell 1 mm 1.2 million, or it no longer people naturally filed into the room, real estate and prosper,UGG boots clearance, the country quickly revive the economy.
Mayor said that 2009 mm 2010 covered 100 million square meters per year of affordable housing. divided by 90, equal to 11,000 suites, Shanghai resident population of 19 million, about 6 million people, to 599 years after the turn. Moreover, local governments impossible to go on a long out. But the people the impression that sooner or later the government will give me room.
real estate not included in the top ten revitalization plan, short-term recovery of the Chinese economy is difficult carry! mm I am very sorry, uneasiness and with a heavy heart, sad: It should be noted that the author does not want to send a revitalization of the State Council, the real estate planning, real estate copy mad again, but to the development of a series of policies and regulations, to adjust to the appropriate location of real estate , solid and healthy development together, back on a higher level, the real solution, point U-turn down the line. and 2100 fell below the neckline a bit. mainly March 3, also, people are still fighting hard around the neckline, and we hope it will come back. In addition, management does not want it to go.
Thursday, Shanghai down 854, up 36. On Friday, Shanghai down more than 800, up 78, a lot of dealer fled.)