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China Daily | Updated: 2011-03-29 07:55

Realty figures a real problem

Gu Yunchang, vice-president of China Real Estate Association, said at an economic forum in Tsinghua University on March 20 that 89 percent of the people in the country owned a house and only the 11 percent who didn't, most of them belong to the 1980s' generation, were complaining about skyrocketing housing prices. His remarks can only be seen as a deliberate mistake, says an article on eastday.com. Excerpts:

Gu Yunchang seems to say that since members of the 1980s' generations cannot buy a house, they have "kidnapped" public opinion to influence government policies, especially because they are a major force on the Internet.

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