Turn how ascending prices are up Alvansea

how costs are rising up / Alvansea
2009-12-18 23:39 | read (3097) | Tags: housing, economic, tax system, China's economy | Word Count: words Speaking in 1994, the year China began to implement tariff reform, fiscal duty from the incipient system into the tax system extra responsive to China's national conditions. However, due to manifold obstacles, such a tax system reform is not complete, division of powers and financial authority is not standardized, there are often higher concentration of financial resources zf, zf pay lower case. Depletion of regional sources zf eyeing the First to guide the dictate in the real possession industry is not the soaring real estate prices now, merely shrieked According to 2003 statistics, extra than 6,000 evolution zones national, only extra than 1,800 by the State Council and provincial zf approved. Various development maneuvering district of ​​36,000 square kilometers, more than the sum accustomed in the existing towns. More than 900 upon the provincial class development zones As of the end of 2002, aggregate national accumulation of land transmit 730 billion. Some cities and counties of the land transmit revenue has accounted because 35% of local revenue, some for tall for 60%. The hot region enclosure manoeuvre led to one addition in bank credit hazard, with the central zone of cooling, where zf urgent absence to detect current sources of revenue land. The results we all understand, they locked in real estate. Just the opening of 1998, housing reform, the essence task is August 12, 2003, charted by the Ministry of Construction In this document, affordable housing from the Introduction of this plan led to real estate developers tin finally feel free,Lacoste UK, to cover people not to condense above starting to purchase a house, yet to converge aboard more profitable affair of 高价房 and advertisement real estate projects. September 3, 2003, Pan Shiyi,Lacoste Swerve Lace Trainers, the medium interviews beamed to say something mysterious words: bad, according to the Chinese Academy of Social Blue Book reports from 1998 to 2003,Lacoste Camden Trainers, the country's commodity price per square meter of housing increased by only 343 yuan. And to the full implementation of the You may recall the end of 2008 Mao Yushi, 18 million mu of arable land ruddy line blasted entity. Do not consult this here is not reasonable beneath the red line, merely objectively, it does restrict the supply of land. 18 million hectares of land become a scarce resource to the red line, No. 18 and make the yet scanty land resources, development of a more irregular, and where zf masqueraded as financial requirements to do the best vouch of real estate - entire ingredients combine to make the best real estate investment productions in China. 18, 2003 In adding to this txt, there is a entity of the economic building was too had a profound impact, namely is, the establishment of the SASAC. SAC 7 trillion in state assets as the big boss, via mergers and acquisitions and joint-stock reform, so that a one-word business Is the real story backward the success of the monopoly of state-owned bank honor resources and the use of plan benefits accounted for maximum of the mart resources, while also continue to make a hand in the water from the stock market. State-owned companies and growth at the spend of the entire private economy shortening, private economic slump has led to an urgent search for a massive digit of private chief investment in more profitable ways. Finally, they latch the stock market and housing market. The stock market madness has transform in the elapse,Lacoste R75 P2 Trainers, the housing market frenzy is still ongoing. 2009 with state-owned enterprises are tempted into the real estate market excitement, madness approached its tip of about also quick. Many people say that house prices will not fall, for there are rigid requirements. They only half right. Regardless of how aliens can not comprehend Chinese people's attach to the house, people need to purchase a house is truly strict, and the demand is virtually the entire real estate market prices to advocate the only driving coerce. It's like a carrot ashore a stick knotted to can lead a donkey crotch that has been shaking amenable. However the terminal analysis, equitable to be equitable a willpower, while not to increase strength, the willpower and then a muscular down there one daytime. Moreover, investment products and rigid demand has forever been a contradiction among the existence of - rice, egg are also fair be that you have seen them soaring favor a house so what? Now let's examine a diversity of the chief method of regulating the housing market: 1st, to increase the supply of land,Lacoste Protect Laser Trainers, needless. Because real estate development can not change the structural relationship among supply and demand, developers obtain to build villas or hoarding, afterward unable to encounter affordable housing needs. Second, to depress the supply of land, useless. This will only increase the rarity of land, housing prices continue to ascend reminders. Third, increasing the spend of developers hoarding land, useless. Any increase in the price of plan developers, and afterward the cost will be passed on to family purchasers who. Fourth, the additional real estate costs, it is. No stuff how high real estate costs to upgrade, at the peak of the sluggish real economy, capital sooner alternatively afterward will return to the real estate industry, alternatively once again blowing a huge foam in the stock market. Five, zf led the development of affordable housing, useless. Because the land already in the final circular of developers hoarding enclosure was exhausted, zf-led affordable housing policy interests of the absence of ample driving force, and ultimately complicated to assure implementation. Sixth, the resumption of mobility, profitable, but still can not do. In order to get rid of financial crisis, in mandate to protect 8 in 2009, the sum of loaning has been days, whether liquidity in 2010 will outcome in momentary recovery of a large digit of non-performing assets and wrong debts - this is cried a legislator. According to a recent resolution of the Central Economic Work Conference of outlook, loose monetary policy will be preserved at least 1-2 years, 1-2 years, in additional words the price of the inflection point is tough. But the tightening of liquidity until what happens while we thought almost it? The first is a team of developers deserving to financial necklace and drained, then the tight local administrations will increase therefore bankrupt. Then the real economy will also be implicated, increased unemployment and economic recession. White-collar workmen who still have mortgages, because the prices will drop sharply and a chain response of bankruptcies ... These look versed to it? Yes,Lacoste Running Trainers, that is a replica of the U.S. subprime pledge emergency. Our position is not better than the subprime mortgage crisis, because China's credit rating mortgage is lower than the U.S. sub-prime! Some people here might say, then do a recovery of mobility. - Yes, but not so large-scale recovery of mobility, the result is hyperinflation. Therefore, China's real estate is favor a cancer, ever study economy of nutrition, but not solve anybody problem, when you ambition it under the knife, they can also take into list the macroeconomic make it via this physical major surgery. Sadly, nor the zf people have are flat or do everything, could only watch as the crisis coming. Well, you psychologically arranged for it?