Chinese Premier Wen Jiabao said he was determined to tame the "wild horse" housing market and keep property prices at a reasonable level during his term in an online chat with Chinese Internet surfers.
An online survey conducted by Xinhuanet.com reveals that soaring house prices are a top concern and major headache for many Chinese people. As of February 26, 19,796 respondents, or 12.31 percent, said housing is the major issue. This came in second to the income distribution issue, which garnered 13.76 percent of the votes.
"In China, with its huge population and limited land, people's access to housing is a problem," Wen said, adding that the key to solving the problem is to increase the basic supply of housing. |