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Thread: Can the government control the rise of house price?
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[quote=ELLEN77,231663]A hot topic of Guangzhou now is about the government control of the house price. Guangzhou has always been the test base or a initiation for a new policy. With the steep rising of house price in China these years, It is said that the mayor of Guangzhou are planning to control the house price by using the govenment rights. He is not just mentioning it by words but also by actions. He has taken '7 measures' to carry it out. Encouraged by such an active mayor, many citizens that are planning to buy a house now are waiting to see. However, although the mayor is doing a good deed and the measure is welcomed by most of the people, it does not work well. Some manager of real estates even argue that the mayor are intervene the market and wants us to come back to the days of 'Distributing house by welfare'. Do you think the government should and is able to control the rise of market? [/quote]
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