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Tekijä: | Li, Sabai |
Otsikko: | Supply-demand contradiction of China's real estate and the countermeasures (original in Chinese) |
Lehti: | Theory and Practice of Finance and Economics (c)
1998 : 4, p.16-17 |
Asiasana: | HOUSING SUPPLY AND DEMAND LAND USE PROPERTY CHINA |
Kieli: | chn |
Tiivistelmä: | At present, the supply-demand contradiction of China's real estate market is very conspicuous. The coexistent-- supply and great demand indicate that the demand of China's real estate market at the present stage is still not an effective demand or a demand with purchasing power. Therefore, we should take the following measures: 1. reduce the development cost, formulate a rational policy of leased land price, cut down various kinds of irrational charge and control the profit level of real estate developers; 2. cancel the policy of welfare housing, increase the nominal wage of staff and workers and establish housing financial service system; 3. accelerate the legislation of real estate. |
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