英闻天下——350 Property Tax, Land Tipped to Curb Home Prices

 　　The State Council's recent adjustment policies on the Chinese property market, dubbed¹ 'The 5 new regulations' is said to have fueled the land supply and trial property tax expansion to a new level.

 

　　Analysts² say they're expecting detailed³ measures and specifics will come up soon.

 

　　CRI's Sheng Chengcheng takes a look.

 

　　Despite the faster than expected rise in prices through January, the sentiment of the home buyers doesn't seem to have been deterred⁴ at all.

 

　　In fact, Shanghai is reporting new home sales have risen to some 165 thousand square meters just over the last week.

 

　　The average price, meanwhile, is said to have climbed 3.9 percent - reaching nearly 23,300 yuan per square meter.

 

　　Huang Yu, who's the Executive Vice⁵ President of China Index Academy, actually says the price rise won't continue for long.

 

　　"The housing prices will start to decline in the second half of this year. It won't stay at the current growth rate and keep going up as everyone feared. There's no possibility for the housing prices to peak over the latter half, but uncertainties⁶ still remain."

 

　　However, others such as Cheng Haoye - research manager at a leading housing agency, says the government's grip on the matter won't loosen anytime soon.

 

　　"The central government has set the tone for policy adjustment this year. More strict control measures are expected and the frequency will be at a new level."

 

　　Gao Shan, the manager of Beijing Yahao Housing Agency, agrees with the projection⁷. She says the construction of affordable⁸ housing has been highlighted in the 5 new regulations, which actually is one way to adjust the mismatch of supply and demand. If supply catches up with the demand to some extent, only then, will the runaway⁹ prices cool down in time.

 

　　It's not just the issue of land supply being addressed though.

 

　　Another regulation is said to be aimed to spread the trial property tax beyond just Shanghai and Chonqing.

 

　　Now Wuhan, Hangzhou and Xiangtan have all recently announced they are ready for the pilot reform as well.

 

　　Gu Yunchang - the Vice President of China Real Estate Industry Association says expanding the trial gradually is the right way forward. He adds to rely on tax solely¹⁰ in bid to keep housing market in check is a mission impossible. The government should regard issues within the section as mid¹¹ to long term hence draft measures accordingly.

 

　　The Chongqing trial focused on taxing high-end housing while Shanghai mainly targeted multiple house ownership.

 

　　China introduced the trial program back in 2010 to cool down the growing public complaints over increasing housing prices.

 

　　For CRI, I'm Sheng Chengcheng.

1 dubbed   

v.给…起绰号( dub的过去式和过去分词 )；把…称为；配音；复制

参考例句：

• Mathematics was once dubbed the handmaiden of the sciences. 数学曾一度被视为各门科学的基础。
• Is the movie dubbed or does it have subtitles? 这部电影是配音的还是打字幕的？ 来自《简明英汉词典》

2 analysts   

分析家，化验员( analyst的名词复数 )

参考例句：

• City analysts forecast huge profits this year. 伦敦金融分析家预测今年的利润非常丰厚。
• I was impressed by the high calibre of the researchers and analysts. 研究人员和分析人员的高素质给我留下了深刻印象。

3 detailed   

adj.详细的，详尽的，极注意细节的，完全的

参考例句：

• He had made a detailed study of the terrain.他对地形作了缜密的研究。
• A detailed list of our publications is available on request.我们的出版物有一份详细的目录备索。

4 deterred   

v.阻止，制止( deter的过去式和过去分词 )

参考例句：

• I told him I wasn't interested, but he wasn't deterred. 我已告诉他我不感兴趣，可他却不罢休。
• Jeremy was not deterred by this criticism. 杰里米没有因这一批评而却步。 来自辞典例句

5 vice   

n.坏事；恶习；[pl.]台钳，老虎钳；adj.副的

参考例句：

• He guarded himself against vice.他避免染上坏习惯。
• They are sunk in the depth of vice.他们堕入了罪恶的深渊。

6 uncertainties   

无把握( uncertainty的名词复数 )； 不确定； 变化不定； 无把握、不确定的事物

参考例句：

• One of the uncertainties of military duty is that you never know when you might suddenly get posted away. 任军职不稳定的因素之一是你永远不知道什么时候会突然被派往它处。
• Uncertainties affecting peace and development are on the rise. 影响和平与发展的不确定因素在增加。 来自汉英非文学 - 十六大报告

7 projection   

n.发射，计划，突出部分

参考例句：

• Projection takes place with a minimum of awareness or conscious control.投射在最少的知觉或意识控制下发生。
• The projection of increases in number of house-holds is correct.对户数增加的推算是正确的。

8 affordable   

adj.支付得起的，不太昂贵的

参考例句：

• The rent for the four-roomed house is affordable.四居室房屋的房租付得起。
• There are few affordable apartments in big cities.在大城市中没有几所公寓是便宜的。

9 runaway   

n.逃走的人，逃亡，亡命者；adj.逃亡的，逃走的

参考例句：

• The police have not found the runaway to date.警察迄今没抓到逃犯。
• He was praised for bringing up the runaway horse.他勒住了脱缰之马受到了表扬。

10 solely   

adv.仅仅，唯一地

参考例句：

• Success should not be measured solely by educational achievement.成功与否不应只用学业成绩来衡量。
• The town depends almost solely on the tourist trade.这座城市几乎完全靠旅游业维持。

11 mid   

adj.中央的，中间的

参考例句：

• Our mid-term exam is pending.我们就要期中考试了。
• He switched over to teaching in mid-career.他在而立之年转入教学工作。