Chinese cities in danger of housing bubble

新東方網>英語>英語學習>閱讀寫作>正文

Chinese cities in danger of housing bubble

2007-05-05 18:22

來源：Xinhua

作者：

BEIJING -- The price-to-rent ratio for second-hand houses in some of China's big cities have gone over the international warning line, said the 2007 real estate blue paper released by China Academy of Social Sciences (CASS).

The price-to-rent ratio, or the rent for one sq. m. of floor space divided by its sales price, is an indicator of real estate market move, said Shan Jingjing with the research center of urban development and environment protection of CASS, adding that the lower the ratio is the better the housing market does.

A rapid increase of house prices combined with a flat renting market can signal the onset of a bubble, said the researcher.

The report shows that the price of second hand houses in most large cities including Beijing, Shenzhen, Shanghai and Hangzhou soared in 2006 while the renting price were stable.

In these cities' downtown areas, the ratio reached from 1:270 to 1:400, according to the report.

"The international warning line is 1:200. Once the ratio goes over the line, the market is in danger of a bubble," said Shan.

The researcher estimated that driven by strong demand and high land and new house prices, China's second-hand house price would continue to rise with a slower growing rate.

（實習編輯：顧萍）

 

名稱名稱

300次下載

微信掃碼關注"新東方網"服務號

回復""立刻獲取！

版權及免責聲明

① 凡本網註明"稿件來源：新東方"的所有文字、圖片和音視頻稿件，版權均屬新東方教育科技集團（含本網和新東方網） 所有，任何媒體、網站或個人未經本網協議授權不得轉載、連結、轉貼或以其他任何方式複製、發表。已經本網協議授權的媒體、網站，在下載使用時必須註明"稿件來源：新東方"，違者本網將依法追究法律責任。

② 本網未註明"稿件來源：新東方"的文/圖等稿件均為轉載稿，本網轉載僅基於傳遞更多信息之目的，並不意味著贊同轉載稿的觀點或證實其內容的真實性。如其他媒體、網站或個人從本網下載使用，必須保留本網註明的"稿件來源"，並自負版權等法律責任。如擅自篡改為"稿件來源：新東方"，本網將依法追究法律責任。

③ 如本網轉載稿涉及版權等問題，請作者見稿後在兩周內速來電與新東方網聯繫，電話：[phone]。