High Price Squeeze Effect Broken Dream Home Lighting Industry In China

For now the whole country in general hot "high price", March 2, the CPPCC National Committee member, Vice Chairman of Tianjin Federation of Returned Overseas Pan Qinglin accept the author said that people's purchasing power from the point of view, the current housing prices in Beijing over Tokyo, Japan. High house prices make a lot of room for people in genuine need can not afford housing, for closely related real estate home, lighting, and building materials industry is also a great impact, not conducive to the sustainable development of Chinese economy, would undermine the "China Dream "realized.

Japan had to settle for 25 years, said Pan Qinglin, 100 million yuan, in the city 20 minutes away from the Tokyo suburbs, can buy a three bedroom, and the same price in the suburb of Beijing, very difficult to buy the same housing. Many ordinary domestic wages class, frequently hundreds of million housing prices have become astronomical. Prices in some areas of China is exceedingly high. China's housing prices Gao Bugao judge can not look at business and high income groups, but should be more in order to measure the income of ordinary people.

Pan Qinglin told the author that "the last century 90's, the Japanese high-price bubble burst and ushered in 20 years of economic slow development. I am in Tokyo Setagaya a house worth 1.5 billion yen, the current price of about 2 billion in Japan, only one of the original 7.5. Japanese prices from the peak to the present, a decline of more than Bacheng, everywhere. this regard, China should draw lessons from Japan. "

Pan Qinglin recognition, then, because the Japanese house prices down prices, he returned to China to seek development. High domestic prices are shocking. Now he wants to return to Japan developed.

Last year, people said frankly can not afford soaring house prices Housing

I remember last year in March, the property market just recovering all the industry talk about the sustainability of the recovery, almost no one anticipated the next half a year's hot, and almost all of the real estate business, whether passive or active, in 2009, both earning the one that pours.

Comprehensive housing prices soared last year, the factors, largely for the credit to bring liquidity and inflation, and a lot of the market and other speculative investment demand, driven rapid increases in house prices, especially in Beijing, Shanghai and other first tier cities, alarming rate of increase, become the biggest features of the property market for 2009.

Recently, the National Bureau of Statistics data show that in 2009 the national housing prices up 1.5% figure, this data has been questioned by the public because the people of this small rise in the real life experience and very different. Beijing reporter tracking control over real estate prices shows that many real estate as the ideal city of Hung-kun, the year the sun, day gardens and other projects, the price has doubled in less than a year growth, most of the remaining 30% are real estate prices , 50%.

"Now I have the annual income of 15 million Yuan, but is still not afford to buy a house in Beijing" in Beijing for many years, Miss Lee said that revenue rose nearly as much housing prices.

Survey, house prices and housing over the problem of corruption as the public are most concerned about. Chinese Academy of Social Sciences Institute of Finance researcher Yi said, the domestic real estate market in 2009, the so-called unprecedented prosperity, is built on individual mortgage loans increased more than 4 times more than in 2008 based on the real estate market from the beginning of a consumption led into an investment-led, in many places is to inflate the housing bubble, wealth gap dragged large; he predicted two sessions this year will focus on hot spots to resolve the contradiction between population distribution of income, while curbing high prices to ensure that residents of housing consumption can be sustained.

About The Author I am an expert from China Hardware Suppliers, usually analyzes all kind of industries situation, such as reflective pavement markers , reflective textile.