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China has a lot of people pretending to be a leader

In my speech is generally not say leaders, because China has a lot of people pretending to be a leader

. Read highschool teacher telling us, "not only, not books, only truth", this sentence has become my motto, I never talk about leadership. However, China's political system decided to operate in the economy, the Government assumed the functions of a fairly large, so many people like fake leadership, dissemination of false information. Not long ago, a small development Christian Louboutin Shoes and Reform Commission officials as DRC leadership, spread rumors that the three-year exemption from real estate tax, real estate shares a day rose 4%. The next day, and the rumors say that they didn't speak these words, the official would not be able to represent the development and Reform Commission, then real estate also fell by 2.7%. Information asymmetry caused a lot of people on the economic trend of misjudgment and a lot of confusion. Many of my friends asked me this round of regulatory policy is not to be out done? I tell people that policy is far out to make the adjustment from 2007 to 2008, September 15, Lehman Brothers bankruptcy was aborted, this is a complete mission control. 2010 Central Government launched the "State" in article 11, as a new round of regulation, it is divided into three steps, and now we are seeing is a first step, i.e. adjustment requirements, this step is not.

Now the real estate market asymmetry, we all know that the housing function is living, the maximum value is to use the value, but 2009 speculation was rife with the real estate market, investment accounted for the vast majority of real estate market. In Beijing, Shanghai and 60% of the purchase of real estate is just a speculation in other second-tier cities, this proportion is also very large. Here is Wedding Shoes a very important data, 1996 House real estate market in Hong Kong stock exchange rate is 65%, meaning that new houses a year be property of up to 65%, this phenomenon was considered one of the real estate bubble. 2009 in Hangzhou, a new exchange rate is only half a year to more than 65%, speculation is very serious. "State-11" and called the first mortgage payment is 30%, the second set of the first mortgage to pay up to 50%, the credit policy adjustment of housing needs, this is the first step in controlling.

This round of macroeconomic regulation and control of the second step is to adjust the supply. Although it hasn't to adjust the supply level, but many cities have come up with a number of practical action to expand the supply side. Residential area, the biggest problem is that now the whole real estate market for the supply of a product can only be speculative, for investment in metres, large, luxury homes, not only rates high, and the product would not be in keeping with the needs of the market, many housing needs of the real ability to pay is much lower than the prices so high, nor live so metres, large House. Adjusting the supply level, part of the Louboutin Sale real estate market will increase in the General supportability of housing, social housing and public rental housing. Shanghai rental housing in public areas there is already a complete planning, minimum rent just $ 500. If you recently graduated the University to work in Shanghai, the lowest and most small rental house as long as $ 500. If you are a migrant families can't afford to buy a House, the Government can provide very low rental housing, the public had part of domestic demand. In the second step adjustment, the entire supply level will have a very big difference, but we are now the second step.

The third step is the design of the system. The current real estate market system design is not too unreasonable, there are a lot of strange design, such as 70 years of use, these are to the entire phase III of the regulation. Various parts of the DRC asked the first introduction of real estate tax, the main reason is the institutional design of the whole country has yet to enter into a deeper level, and real estate tax for the entire real estate market is very large, so you should introduce real estate tax, not a property tax. This round of regulation occurs in many policies, investment in people mostly. Regulation has a deep, it is our investment, the investment guidelines. Recently I have several typical cities-Beijing, Wuhan, Chengdu collection of some of the land value of samples. As a result of this round of rising from 2004 onwards, so we collected Christian Louboutin Sale in these samples are to be found for the 2004 baseline number of references. Land prices in 2009 than in 2004 increased by 175 per cent, which is the land value increases. 2004 GDP is 13.65 trillion, 2009 GDP is 33.53 trillion, an increase of 145%, lower than the value of land. Look at the currency, 2004 broad money balances is 23.5 trillion in 2009, broad money balance is 60.62 trillion, an increase of 158%.


From this perspective, our economic growth and monetary growth lagged behind the growth of land. Economics of classic works tell us one of the Basic Law: the mother of the land is wealth, the father of Christian Louboutin Boots labor is wealth, parents with a better family life would be very happy. A person of wealth can not be separated from the land of wealth. China's oldest buildings elements House called the bridal chamber, in the era of the Yao, Shun and Yu was born, this is also the world earlier, in Chinese culture, the new House is a very important cultural inheritance, marriage first of all have to have a house, and then make the layout look, live and work. Therefore, the land of wealth in the Chinese people's life is very important.

China has a lot of people pretending to be a leader

By: louboutin88
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