There are many indicators from Chinese property market that government is terribly worried about escalating price index of properties. There are many players in the game and examples are plenty when the down-players added or removed the premium component as per their wishes or as they felt suitable to their business. And more problematic area is that there is no uniform rate of properties in any single area. It creates confusion and the buyers are the one who loose money or end-up paying more for the same value. Chinese government would be supported by the people there who want to own house but cant right now because of prices being very high. Chinese government would do the right thing to control the property prices. There are many people who would like to apply and buy the house on borrowed money and uniformity in the market would bring more buyers and people would be interested to keep the investment for very long time.
Tags: china