In last Saturday's "Summit of Nanjing regional banks Financial Forum", from Nanjing, major banks and related financial experts and scholars come together around the "post-crisis period, bank financial development" discussions.Central government think-tank experts, well-known economist Wang Xiaoguang said that the current property market is not very healthy, but because next year, continue to implement an appropriate loose monetary policy, housing prices rise about 23-shing asked questions not related to stock movements.

Next year's price climb 20% -30%

Wang Xiaoguang said the country over the past five years, 10% of the richest 50% of the population went to buy a house, 40% of the wealthy to buy 85% of the house, the remaining 60% of the ordinary people to buy only 15% of the house, the Housing price rise is clearly unhealthy. "However, I do not put next year's housing prices climb 20% -30% next year, no problem."He explained that at present the only factor in the decision price is the currency in 2009 the year reached 9.5 trillion of credit, equivalent to the total credit in the past four years, including 4 trillion into the property market, house prices strange if not up. Credit program next year is 7.5 trillion, is still very loose, so prices have to rise.

Wang Xiaoguang that China's real estate is dominated by monetary and speculative market driven deformity must be adjusted to achieve real growth in the real estate industry.He gives two premises: to really be "appropriate" monetary policy; on the real estate industry policy adjustments. "The recent housing market adjustment is fake notes, the real adjustment may in 2011,2012 years later, when the real estate market bubble could burst."

Of the Central University of Finance and the China Banking Research Center, Professor Guo Tianyong said that the government will use appropriate means to control the real estate bubble might bring. Real estate is different from the stock market, there is a certain rigid requirements. Therefore, government regulation and control means limited only by adjusting the real estate market demand, adjust the structure to be feasible.