Blogbuzz
China Daily | Updated: 2011-03-31 07:58
Topic: Capital's house prices
With the introduction of new rules to curb Beijing's soaring house prices, netizens have, as usual, weighed in with their suggestions and doubts.
It's very easy to make Beijing house prices look stable or even like they're falling. First, this year Beijing will build a large number of affordable apartments that will drag down the city's average price. Second, newly launched premises are all in the outskirts of Beijing and they tend to have lower prices. Third, authorities didn't mention how they will control the prices of second-hand homes, which is a cunning move.
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