Base for healthy housing market

As the real estate registration regulation comes into effect, information about property ownership will be available nationwide; that's the prerequisite for collecting a tax on property ownership, instead of property trade. Only with this change in the tax system will people buy houses to live in rather than to earn profits, which, in turn will stabilize housing prices.

Guo Yi, marketing supervisor at Yahao Real Estate Selling and Consulting Solution Agency, ifeng.com, Dec 22

Media reports use "controlling housing prices" in their headlines for the introduction of the regulation, which is a serious misunderstanding of the move. Actually, the regulation aims, above everything else, to protect private properties; how could they think about depriving house owners of their properties? That's absurd.