同样来自eiu 的文章 (ZT)：
A property correction coming soon?
Despite the strength of underlying demand for property in China, risks of a
short-term correction are building as activity has not yet responded
significantly to slower sales and government policies to dampen demand.
Property investment showed little sign of slowing despite signals from the
central government that it is increasingly serious about implementing a long
-awaited property tax. In January 2011, Shanghai and Chongqing announced
trials of the tax, with each city outlining differing ways in which the tax
would be implemented. The new measures appear to have had little impact on
residential floor space starts in the two cities.
Municipal governments across China have also been quick to announce measures
to control rocketing house prices, with top-tiered cities such as Beijing,
Shanghai and Guangzhou all vowing to keep price increases in line with GDP
growth. Explanations were lacking as to how exactly this would be done.
Given that property investment accounts for some 30% of total investment in
developed regions such as Guangdong, the prospect of a sharp deceleration in
overall economic growth is likely. Less-developed and less-urbanised
regions, such as Hubei, are less exposed, with property investment
accounting for some 20% of total investment. Investors should nonetheless be
wary of a looming correction.
