Majority of Chinese Have Negative Impression of Real Estate Developers


China’s housing prices continues to be high for quite a very long period, at exactly the same time; the negative impression on real estate programmers is also at its highpoint. Henan University of Economics and Law has just published a poll, about 76 percent of respondents think that the real estate seekers are”some covetous”, and render negative belief on people.

Yet another 19.28% believe that developers are”ordinary businessmen”, only 4.68% confirm the worth of the developer, believing they truly are”a group of people who make important contributions to society”

The poll of Henan University of Economics and Law has been ran by 116 faculty students, in order to execute this investigation, this group of students went to different target cities at different levels of development, 4743 valid surveys were finally got, 849 admissions were from first-tier cities, 2255 out of second-tier cities, 1348 questionnaires third-tier cities, 291 fourth-tier cities.

The survey is in property business, which also comprises the people perspectives of relationship between developers and community authorities. 70.13percent of those respondents think that local governments and developers comprise a”community of interest” and only 8.17% believe that local authorities and developers are”normal government and business relations.”Emirates Heights

The current house prices in big Chinese cities are apparently far from the purchasing ability of ordinary people, to suppress the rapid increase in housing costs, the central government has introduced real-estate control policies repeatedly in the last few decades, however the national housing prices still remain high. For the result of this policy, 72.58percent of people said”not very optimistic” and”don’t have any hope,” and just 20.46percent of people choose”very optimistic” and”some confidence”, 6.96 % of respondents even believe that”prices will grow revengefully.”

In many versions of the wealth ranks such as the Forbes, Nevertheless, realestate programmers usually occupy a sizable proportion, so programmers are generally tagged with”riches” tab. Questioning of the actual estate business and resentment against the rich developers are already not just a new topic.

For unwanted images, Pan Shiyi, president of SOHO China had studied the reason why: first, about 1 / 2 of those Fortune list are developers, and also the moment, public generally regard real estate is a flourishing industry, additionally, Chinese corrupted officials usually are related to programmers, these facets create bad belief to outside universe.

Zhou Fan, a real estate consultant from Guangzhou said, due to the expanding gap between rich and poor, Chinese people usually have reverted to the rich, using the other hand, the huge wealth owned by real estate developers deeply hurt people’s nerves, however would be that the proven fact of high housing prices,”people who can not afford house may naturally shit grievances to developers.” He also pointed out there will likely be some inevitable problems in social evolution; hostility to the developers will be an inevitable effect under regulations of economic development.

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