From the chinese press

Narrow income gap first

Narrowing the income gap is a precondition to solving the housing problem, says an article in China Securities Journal. Excerpts:

Housing prices and the wide income gap are two of the greatest problems society faces today. Many experts have suggested ways to reduce housing prices. But very few have blamed the widening income gap for the rising number of complaints against skyrocketing housing prices. This, despite an increase in the country's per capita income in recent years.