Recently suddenly found that, in my home district in the middle of a wandering street shops, the intermediary has a second-hand shop "play disappearances", which appears to be the last two months of the third. Shanghai property market this really is "the wolf is coming." At first, as these intermediary shop like flies gathered in the area surrounding the new, visible real estate profiteering how tempting, because in the real estate "ecological chain", the secondary the shop is only an intermediary ranked developers, designers, contractors, agents, advertisers, the drinking water downstream,


Chinese people have a strong sense of "Love" complex, in ancient times, as long as a bit of money will buy Tian home thinking, this is the farming civilization disseminated too long because home if "500 acres of good land", but that the bolstered things. By expanding to the Housing, it seems only right and proper, it formed a real estate. Eager to house, with the human need, may now society, the Chinese people's feelings simply house totem worship.

 

Even in Europe,ownership in only about 50 percent, while in the present China has reached 80 percent. This reflects consumption in the West in a major difference. Westerners focus on relatively timely pleasures, if there are not enough financial resources, not willing to sacrifice their quality of life while carrying home buyers, and the Chinese people, in any case must first engage in a certain sub-suites, the majority will prudence to the sonincrease bargaining chip, advances will not hesitate decades of income, the past is pro-child care center Friends of the borrower, but now it has to adjust rapidly to bank loans.

 

In the currency of the housing distribution policy to stimulate, 1999 has been allocated for this bull market, many people have turned to the housing dream, but also fulfilled the dream of so many people's fortune. Shanghai in particular the property market, WenzhouMission stir up trouble and Shanghai local investors blindly follow suit, the field wealthy enthusiasm, billowing hot money from abroad. In 2002 insiders believe that the voice of a weak property market is a bubble; 2003 talked about the upcoming inflection point, the average results over Beijing, it became the "Boss"; 2004 chanting "up" and crying "or" factions intense polemics, or has become the highest one year in March 2005, the center of the queue difficult to get expensive real estate in hand, the more expensive the more sought after, the sales Rapporteur everyone like Granddad. From March, the macro-control, "the eight" strong medicine pound on the real estate industry. Like a comedy for the climax, but suddenly cut off the main stage "patrons" plaguing amid Onlooker "schadenfreude."


From the end of March to June, we are eagerly wait-and-see, or the sale of the two sides in the game. Developers still immersed in memories of the past days, how wouldprices; want is a house guest since Yoshinori and the like black heart developer was leaching into " bearish psychological expectations so that theya purse, and recognition for the investment house off, some thinking he has earned a lot, price cuts flee the city, some of intolerance "jumped down" and can only be "fighting a protracted battle," preparations, the sale sublease.

 

According to statistics, in the June, the urban half of the real estate performance as "duck", and the more high-grade more difficult to sell, to no rebate has thankfully, the sales Rapporteur which has already been the laughter muscle stiffness, weight also clients "full bloom." Entering July, the market situation gradually uncertain, the overall weakness inevitable. Small and medium-sized developers can not hold out first started "diving", 20% price reduction has been directly not scarce, and those big-name developers, in addition to a small number of still stick to the price, most also began playing pack, ex-gratia, buy houses send gift. Moreover, the macroeconomic policies suppressed, the Shanghai municipal government has introduced this year, the "two 10 million project," (10 million square meters matching house 10 million square meters in, but also the whole market will have a significant impact on patterns, abstract increase so manywill inevitably lead to significant oversupply.

 

Property prices downward, of course, the people clapped and celebrated,fall not. Real estate has become a country can be especially Shanghai's pillar industries, a multi-industry derivatives industry, with all, harmed, it will inevitably lead down the entire GDP, employment rate, income level, the level of consumption domino effect (It can be said that to some extent). Therefore, the government's macro-control hope that the property market is not "big ups and downs", as the property market is now "- fire" is the future of the property market in order to avoid "flameout."