The crisis in China will repeat itself

China real estate enterprise vanke group President wang shi 15, in the "harvard Chinese BBS" told the xinhua news agency says China at present the regulation rent house shanghai of real estate industry in the right direction, real estate enterprise must strengthen self-discipline can be helpful for the industry's long-term health development.

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Wang shi said: "a lot of people talking about China's real estate market is always blamed the lack of real estate enterprise morality, but in fact, the lack of the ethics is not only the current real estate industry, but the whole social problems in the high-speed economic development under the environment problem facing."

Wang shi think, house prices high to industry policy, the relationship between land policy, and other reasons, the responsibility of incomplete in the real estate business, but the real estate industry's own problem can't deny, at present the whole industry still lack of self-discipline.

Wang shi said, first of all, for real estate enterprise that, whether tangible or intangible product to provide the services, quality is the most important. Second, the enterprises in the real estate business profits chase also must want to strengthen self-discipline, and can't because shortsighted "greedy" hurt the market and consumers, will hurt yourself.

Wang shi said: "at present the country to the real estate industry's macro control direction is right, I couldn't agree to prevent housing price." He said that, if allow house prices continue to rise, foam continue to expand, so once occurred in Japan and the U.S. real estate market crisis may repeat itself in China.

"In this macro regulation, there may be some disappointing place, but we still have to bear up, and from the positive to understand, to accept," wang shi said, "because the health of the Chinese real estate industry not only to our real estate enterprise to its shanghai villa own advantages to other industry, and the whole economy also favor."