Posted on 09/25/2009 6:07:24 AM PDT by TigerLikesRooster
Bizarre Logic for High House Prices in China
Critics say claim that mothers-in-law are responsible masks political reality
By Luo Xi & Jin Xi
Epoch Times Staff Sep 14, 2009
One of the cartoons circulating online making light of Gu Yunchang's remarks. The man says "Mother-in-law, this clothing is most suitable for you to wear!" The writing on the clothing says "Rising houseprice scapegoat." (NTDTV)
Chinese officials have been putting forward bizarre explanations for Chinas rising real estate prices recently, with Secretary-General of the China Academy of Real Estate, Gu Yunchang, blaming the ever rising housing prices on mothers-in-law.
Gu said a mother-in-law will tend to pressure her son-in-law, regardless of his financial situation, into buying apartmentsso as to benefit her daughter.
He made the remarks at the China Real Estate & Finance Annual Forum on Sept. 3. They were picked up and ridiculed widely by bloggers and online media. They were skeptical of the claims, given that mothers-in-law have always been around, whereas housing prices soared only recently.
Peculiar statements from real estate authorities didnt end there, however.
Real Estate developer Feng Lun said that unmarried young women were the cause of the recent rise in housing prices. He then suggested limiting buyers to age 35 and above.
Professor Dong Fan from Beijing Normal University thinks that couples, living together out of wedlock, have stimulated apartment buying.
However, the actual causes of housing price inflation in China are embedded in the political system and are widely known, according to the Sing Tao Global Network.
(Excerpt) Read more at theepochtimes.com ...
Ping!
According to many FReepers, high cost of housing is a good thing.
Heck, they’re communists. Lying is part of the game. Hmmmm, the Obamaloon lies, and his lies are rather mundane and stupid also.
Could it be that.......
Isn’t the guy on the left a racist stereotype?
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