Department of Housing and Urban: housing prices stabilize next year According to Nanfang Daily News, even though many market participants and experts and scholars on the property taxes high hopes, but the day before yesterday, the Ministry of Housing and Urban Policy Research Center, Jue Wang Lin, deputy director, said property taxes will not solve the plight of the current property market. Wang Jue Lin believes that the real estate market is not the real estate tax problems can be solved, the real estate market to speed up the legal system and management. He said that real estate taxes can only advance in batches according to the conditions are ripe, mature one, approved one. "In addition, before the rate hike is not for the real estate market, interest rates will not adjust to the real estate policy." Wang Jue Lin said China's real estate market is an incomplete and immature market, affected by various factors is very large, market development, there are also many problems. Therefore, from the stage to take some policy adjustments the market is normal behavior. But the real estate market to be sustainable and healthy development, there must be management measures, the means of participation, that is, legal management. Speaking about the real estate market in 2011 to determine trends, Wang Jue Lin that there are four key factors: First, policy is expected to extend the market's wait and see period, over time, housing sales will increase; Second, with the land increased supply of tightening lending policies, consumer policy is limited, prices, land prices will stabilize fluctuations, rose fluctuations do not appear; Third, consumer policy preferences, restrictions on the purchase of investment, consumption demand will become rigid market players, speculation will be reduced; Fourth, economic stability, promising real estate development, environment, real estate investment, land development continues unabated.

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