Tuesday, October 26, 2010

China's high housing prices in the world for all to see

 Although the central series of effective measures taken, but the momentum remains undiminished.

First, the main force to barely veiled

2010 03 24 (Beijing News): Younger gradually transferred the main business profit from stocks and real estate Bacheng to textile and apparel started Younger, the main business is gradually being transferred. The company's 2009 annual report released yesterday showed that textile and apparel business in its net profit fell, while 86% of the company's net profit from the equity investment and real estate, equity investments net profit of about 1.625 billion, accounting for half of net profit. For the company's future development plan, Younger said that the development of multi-brand clothing brand strategy, brand by the quantity expansion to enhance the type of transformation, in the real estate development adhere to the Yangtze River Delta development strategy.

2010 05.11 (Beijing Times): Housing prices in the oil selling its equity-related projects did not start 78 6 years the main business of the central non-real estate enterprises stripping wave ushered in the first wave of real estate business Yesterday, the Department of Petroleum in Beijing, Beijing Equity Exchange listed selling St King City Real Estate Development Co., Ltd. 6498.236449 million 100% equity and debt, it is discouraging that in March, after the introduction of the SASAC, the first wholly-owned central enterprises stripping room enterprises.

2010 08.04 Day (stock 360 Net) China National Tobacco Corporation to enter the real estate business two decades, the tobacco system precipitated a large number of real estate development business, the hotel assets is ushering in new opportunities. China National Tobacco Corporation has recently set up a low-key real estate Victoria real estate operating platform and made a public goal, it being viewed as the tobacco giant push into the real estate business signal.

Second, the guerrillas joined the looting

hundred private enterprises in Zhejiang Liucheng involved in real estate, recently, a symbol of the overall strength of private enterprises in Zhejiang Housing prices have at least one hundred 64 foot in the real estate field. Most of these enterprises in the traditional manufacturing industry, Younger than outside, as a hundred enterprises in Zhejiang name champion, Wahaha had anything to do with how much real estate does not appear. But in a June 18 Henan - Zhejiang Investment Fair, the Wahaha Group Chairman Zong suddenly announced its entry into high-profile commercial real estate, and claimed that 5 years to build 100 shopping centers, and commercial real estate will be his Shangqiu the first pilot. Real estate is a universal second place standings hundred one of the main industry group, the only real estate company's Sunny Shun Fat (6.86, -0.04, -0.58%) shares of the company, Hangzhou deep plowing to Qiantang elegance, elegance and beauty at home Yuefu such as real estate is well known to the public in Hangzhou. According to the annual reports previously disclosed, Shun Fat Sunny in 2009 to achieve commercial sales area of 331,700 square meters of the contract, the contract amount of 4.461 billion yuan sales, an increase of 236.31 percent and 315.19 percent. Universal Group in 2009 operating income was 51.48 billion yuan, which can be estimated income of real estate in Vientiane in the group as a whole accounted for about 8.7%. Although the list year after year occupy the top three hundred seats, spacious building's real estate business in Hangzhou of diminuendo. According to the survey in 2009, Zhejiang Guangsha (5.22,0.02,0.38%) in Hangzhou, capital of the major real estate project days, and the wholly owned and home buyers through the development of Goya and the South Bank Flower City apartment in 2009, Days sales outstanding amount of total non- more than 13 billion. The spacious building is located in Yuhang days of capital projects, there are still 1.3 million square meters of building area available for development, how to activate the giant project is to be mansions in the development process of a threshold crossed.

Third, more and more see the housing bubble big cancer Oriental Outlook magazine, according to

from the local to the country, the house is undoubtedly the Said the house has become a top priority for hundreds of millions of people, I am afraid no one will object. So, real estate issues, State Department counselor Ren Yuling. Return of the developers, said the United States: 15% profit in the United States, returning 150%, I think the real estate issue should start from the tackle corruption, which is a point. Like football, as soccer in China Why not go up? From 10 years ago changed the world of 41 to 97 now, the reason? Less expensive, it? Staff there? Why go back in the old? Finally know, because of corruption. January 10 this year, the State Council issued a notice to promote stable development of real estate content to the point. But notice how well this role, the key is whether the implementation of policies to ensure the force. To curb soaring house prices over the past few years, introduced a number of notices and documents,Discount UGG boots, but every once documents are issued usher in a price increase. This is similar to current drugs, national drug prices down again, to usher in a growth in drug prices. Today's real estate industry, the truth, just like football and then the drug prices are the same. In addition to the corruption of the real estate is not the day, the central policy on the promotion of real estate is difficult to achieve.

four attractive people continue to sheep blade profits

Ren Yuling: It should be said very serious, and even tackle the backlog. Cheng, former vice chairman of NPC Standing Committee, the former governor of Yunnan Province Li Jiating, Du Shicheng, former deputy secretary of Shandong Provincial Party Committee, former vice mayor of Beijing Liu Zhijun, all fall in the real estate issues. I am 18 years witnessed some cases, also reflects the corruption in this area very, very big. Under normal circumstances,UGGs, those who are most vulnerable to high-profit areas where corruption. Real estate is the case. 20 years ago when I was deputy mayor of Beihai, Guangxi, it already felt the real estate field because of the huge profits, there is bound to high corruption. Then chief of the North Sea to land a tube out of the problem and then work for a more experienced party members to take over, and he took office less than six months, under the bed to be found more than 300 million in cash. He Pro on the This is a very typical example. Why are there so many people for six months for him to send so much money? Because the profits are too high in this area. I know the boss give you an example. He then took a map, what is said to build a center to receive 20 acres in the North Sea, the transfer price of 100,000 yuan per mu, 20 mu of land is 200 million. But outside of the market price is 80 million mu, when he poured out into 16 million. He paid 200 million left after the cost of 14 million. To buy land from the hands of the boss who brought 300 million less, to write him an IOU. In other words, the boss hands of 1,100 million, after removing all aspects of RBI, as well as 10 million, and soon he became a multimillionaire. Later that people who owed him 300 million loss because they have bought a house to buy, and after the bubble collapsed down, nothing. The boss says forget it, the 300 million IOU to the front of defaulters face torn off. It's that simple, not the 300 million. Why? Because he's making money too easy. Among the friends I know, there are two sea in 1997 to do real estate. One started by the 30 million, a person who, by 500 yuan started. The latter in 2006 after 9 years in China has entered the first of several Fortune 100; and the former, in 2005 on a public occasion, speaking of his net worth has reached 25 million. So some people say that real estate is not profits, it is ignoring the facts, these are my witness, experienced, personally contact friends, they are so over. I also know that a real estate development company responsible for the houses of people told me that an affordable housing community has a better location of the building facing the garden, with a total area of not less than 20,000 square meters, gave an entire unit in charge Therefore, people have called this building the hospital as More than eight years later, this building there are many families did not stay. How about the actual profits of real estate? I am in Beijing in 2007, Grand Chinese New Year at a banquet to investigate the two real estate owners. I asked a state component accounted for the major proportion of the business owners, your profits are not 100%? He said that far more than 100%! I asked another owner of real estate back from the United States,Bailey UGG boots, he said he was in the U.S. profit down 15%, returned to China to reach 150%. Problems should be real estate, real estate house of commercial bribery, as the discipline inspection department of focus. This will solve the housing difficulties of the general population the key to the key.

five, because the real estate officials after another to eat the flies

Cheng has revealed that 30% of the profits of developers gray spending, the Department of Homeland also announced recently a detailed price data to prove that 23% of total premium, then we are not a reason to believe that official corruption is In many levels pushed up prices on it? The phenomenon of repeated collusion between real estate staging - from Shenzhen Mayor Xu, former director of the Development Zone Wenzhou Dai Guosen (users dubbed the fitness room villa was built ... ... to see the corrupt officials the incident is being investigated, many people will feel the satisfaction of everyone. In fact, officials have been punished, the general public may not get any benefit from. Because the price has not dropped significantly, housing costs are not really surfaced. After investigation the case, things will end, and up to the discipline inspection organs is increased to a negative anti-corruption cases Bale. Therefore, we need to recommend the relevant government departments, will real estate prices used to calculate the cost of corruption Woan constitute part of the corruption. If we do this work very seriously,UGG bailey button, there will be unexpected gains. For example, bribery of officials of all the number of stolen money to receive a total of how much the developer allocated to each head of bribes and how much. Part of this assessment, can be used to measure the cost of corruption in housing prices. Do not underestimate the cost, it can generally be used for reflection reasonable prices around. Land costs and construction costs in basically the same premise, if high prices in certain areas, then the discipline inspection and supervision as is necessary for the anti-corruption clues, look up there is no collusion. If you have to check the official, if not, to search providers. Collusion in the final analysis the real estate or a single monitoring mechanism, the calculation of the cost of corruption if the prices become the norm, I believe officials and developers have some warning of the Forced gradually return to rational prices, is also helpful. Whether official or private, are worth doing this work.



2009 sacked officials to incomplete statistics, since

sacked corrupt cities of the original post time of the incident involving the subject of Chen Shaoji Guangdong Guangdong Provincial Committee Chairman and Party Secretary Huang April 11, Mr Zheng Shaodong series of many, many cases Wang Huayuan Zhejiang Zhejiang Provincial Committee and Disciplinary Committee in April 12 Huang, Mr Zheng Shaodong series of many, many cases of Shenzhen, Shenzhen Mayor Xu on June 4 in connection with the real estate associated with many, many Dai Guosen Wenzhou, Wenzhou City Economic Development Zone, director in late March a lot of cheap real estate purchase power of Wenzhou Wu Wenzhou City, converted old headquarters of the original charge of the work-in-command on April 20 the collapse of many of Wuhan, Wuhan Land Real Estate Zhu Zhiqiang, Deputy Secretary June 26 affordable housing private luxury villa in Hangzhou Yong Xu Mai Mai Yong Hui, vice mayor of Hangzhou, August 28 during his term of office, deputy secretary of the West Lake District, Xixi Wetland projects handled reportedly among the highest in the country may become a major bribery

(China Real Estate Network Statistics)

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