Fang Gang Refutes House Prices Only Rising Or Falling, Saying That Queuing Houses Should Be Regulated.

Fang Gang, member of the central bank's monetary policy committee, said yesterday (25).

He pointed out that we should be vigilant against asset bubbles in the property market. "Real estate bubbles often occur when housing prices rise or fall, which is also the most dangerous."

When it's dangerous.

To curb the housing bubble is to prevent housing prices from rising and falling and harm China's smooth economic operation.

He said that in recent years, many people are advocating that they should rise or fall, which is worth our vigilance.

The reason for the advocator is that there are still many people in China who need housing. How Limited is the land supply in China, and the housing prices abroad are much higher than those in China. Therefore, China's housing prices are not high now, and house prices will continue to rise.

"After 50 years, China's per capita GDP will reach US $30 thousand, but China's per capita GDP is only 3000 dollars.

In the current situation, it is not the conditions of 50 years, but the current market demand, that we talk about whether housing prices are too high or not.

Fang Gang said.

In his view, the subprime mortgage crisis caused by the US real estate bubble is a living case.

"As the housing bubble continues to grow in the United States, accompanied by rising prices and income ratios, many people advocate that housing prices will rise and fall.

The burst of the US housing bubble has not only affected the economy of the country, but also has had a negative impact on the economy of other countries in the world.