China Financial Daily

August 27, 2009

Of land for the new regulation in August to start a premium price over into the danger zone

Filed under: Financial News — Tags: — lily @ 2:38 am -0700

Of land for the new regulation in August to start a premium price over into the danger zone
From the central to local governments to crack down on acts such as hoarding to focus on a new round of land control, while they are still some Ruqierzhi a sudden, the key is to choose in August this time point, quite worth pondering.

August 23, Ministry of Land Resources, said stimulating domestic demand to ensure that projects and people’s livelihood, the case of land for the project, in the second half after the land grant to strengthen supervision to prevent the chance to ride enclosure. At the central level authorities issued a new round of land control signals a clear, strong.

“Passage of time, throughout the land market recovery has just begun, regulation will affect the recovery; Thereafter, the land market has become overheated, leading to higher premium rates than the premature land into the danger zone, the strong wishes of developers hoarding land and had to tune. “for the central and local governments to launch a new round of land regulation and control timing, who declined to be named a well-known housing prices in Shanghai high-level to understand this.

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