Xie Guozhong: It Is Normal That House Prices Will Drop 50% In The Future.

In a recent forum, economists and rose stone

Xie Guozhong sang empty property market began in Hongkong.

In the first two months of Hongkong's return in 1997, Xie Guozhong predicted that Hongkong real estate would plunge 50% after the return.

He believed that Hongkong's real estate was artificially blows up by the capital bubble - the government controlled the supply of land by controlling land supply, thereby raising the price of housing.

His views were soon confirmed.

In 2004, Xie Guozhong shifted his concerns to the mainland property market.

However, his prediction of the mainland property market has failed many times.

For the current property market, Xie Guozhong said, the global real estate market is plummeting, but China's real estate market is still in the bull market, which is a very strange phenomenon.

He pointed out that in the future, 50% of domestic house prices fell normally, and suggested that people sell their idle houses as soon as possible, and if they could not sell them, they could even choose to sell them at a discount.

Xie Guozhong also pointed out that high property prices were actually caused by currency.

Only when developers reduce property prices to the first time buyers can afford to buy houses, can they digest so many stock houses, which means that property prices will be substantially reduced.

Reporter commented: "it seems that from the beginning of China's first real estate regulation in 2004, Xie has been letting everyone sell their houses.

I've been crying for bubbles to break. "

For Xie Guozhong's latest prediction, Huayuan Real Estate chairman Ren Zhiqiang commented.

However, it is difficult for the air force to maintain logical consistency as Xie Guozhong did.

This kind of coherence does not shrink from the reality of soaring housing prices. Is it due to his genuine self-confidence or pedantic paranoia? Maybe he needs time to verify.