Related News
Planning official says home buying is patriotic
By Li Xinran |
January 17, 2009, Saturday
|
Print Edition
Print Edition
AN official in Anhui Province has sparked controversy by linking the purchase of homes with patriotism.
Wang Aihua, director of Hefei City's urban planning bureau, turned up at a television station to promote apartment purchases on Monday, National Business Daily reported.
"Buy an apartment then you are patriotic," Wang said on the program.
Wang yelled the slogan at the end of the program, which has since been widely discussed, especially by the online community.
Some questioned Wang's definition of patriotism while others were left mystified by the connection between buying a home and patriotism. Others complained the government should not intervene in the real estate market.
Meanwhile, Hefei's Party secretary Sun Jinlong bought an 80-square-meter local apartment in the city recently in an effort to boost confidence in the market.
China's home prices experienced their first decline on record last month as slowing economic growth amid a global recession deterred home buyers.
Housing prices across 70 major cities fell in December, according to the National Development and Reform Commission. It's the first drop since the government started releasing data in August 2005.
New home prices in Shenzhen tumbled 18.1 percent, the biggest fall among the cities. Prices in Guangzhou fell 9.4 percent.
The State Council last month said it will take a series of measures including building more homes for low-income families and controlling gains in land prices. There are also plans to introduce real estate investment trusts to revitalize construction projects delayed by financing woes.
Wang Aihua, director of Hefei City's urban planning bureau, turned up at a television station to promote apartment purchases on Monday, National Business Daily reported.
"Buy an apartment then you are patriotic," Wang said on the program.
Wang yelled the slogan at the end of the program, which has since been widely discussed, especially by the online community.
Some questioned Wang's definition of patriotism while others were left mystified by the connection between buying a home and patriotism. Others complained the government should not intervene in the real estate market.
Meanwhile, Hefei's Party secretary Sun Jinlong bought an 80-square-meter local apartment in the city recently in an effort to boost confidence in the market.
China's home prices experienced their first decline on record last month as slowing economic growth amid a global recession deterred home buyers.
Housing prices across 70 major cities fell in December, according to the National Development and Reform Commission. It's the first drop since the government started releasing data in August 2005.
New home prices in Shenzhen tumbled 18.1 percent, the biggest fall among the cities. Prices in Guangzhou fell 9.4 percent.
The State Council last month said it will take a series of measures including building more homes for low-income families and controlling gains in land prices. There are also plans to introduce real estate investment trusts to revitalize construction projects delayed by financing woes.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
