Housing value ranking 'insensitive' to public concern
China Daily | Updated: 2009-11-19 08:10
The ranking of Chinese cities in terms of housing investment potential, recently released by the Chinese Academy of Social Sciences, has made me feel uncomfortable.
It is clear that CASS experts and academics are fee to shift their research interest to such a hot topic as real estate.
But their top priority should be on the reason why the housing prices in China are hovering at high levels, and they should spend more time discovering ways of lowering living costs in cities.
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