Caixin OnlineOpinionEditorial For Housing's Sake, Maintain Market Controls
11.18.2011 17:15

For Housing's Sake, Maintain Market Controls

Real estate developers are pressuring the government to relax housing price controls, but this is no time to buckle
A Century Weekly editorial
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A debate is raging over whether the Chinese government should ease market controls designed to reduce housing prices. So far, thankfully, the "nays" are winning.

Premier Wen Jiabao touched a raw nerve for property developers and other real estate industry players recently when he said the government would not budge from a policy course that promotes more affordable prices, as well as healthy, sustainable market growth.

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