Gov't to crack down on property speculators

时间：2007-08-31 08:04:56

（单词翻译:单击）

Aug. 31 - The government will get tough on those involved in illegal activities and speculation1 to cool the country's booming property market, a leading construction official said Thursday.

 

"We are in the middle of a campaign to regulate the property market and will crack down hard on anyone engaged in illegitimate activities such as stockpiling land and bidding up prices," Qi Ji, vice-minister of construction said at a press conference.

 

"We will expose and punish unscrupulous developers and do everything we can to prevent price hikes driven by non-market factors," he said.

 

Qi said the government will also introduce differentiated2 tax and credit policies to deter3 people from buying property for investment purposes and control the demand for large apartments.

 

Citing Beijing as an example, Qi said one of the key factors behind the skyrocketing prices was the influx4 of buyers from outside the city.

 

"Figures show more than a third of the commodity houses in Beijing were bought by people from outside the city," he said.

 

And the figure is more than 50 percent for high-end properties in central areas, he said.

 

The situation has led to an imbalance between supply and demand in these areas and prices are soaring, Qi said.

 

House prices in the capital showed a year-on-year increase of 11.6 percent last month, the highest this year.

 

Qi said governments must put greater emphasis on the development of low and middle-priced housing and small to medium-sized apartments to stabilize5 housing prices.

 

In an effort to help ease the housing problems of low-income families in urban areas, the State Council recently rolled out a series of policies including the establishment of a low-rent system, the construction of more affordable6 homes and a large-scale program to renovate7 shantytowns.

 

Qi said 10 million low-income families nationwide have housing problems, most concerning a lack of living space of less than 10 sq m per person.

 

"They cannot afford houses on the open market, which is why governments must help them," he said.

 
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1 speculation 9vGwe     
n.思索，沉思；猜测；投机
参考例句：
  • Her mind is occupied with speculation.她的头脑忙于思考。
  • There is widespread speculation that he is going to resign.人们普遍推测他要辞职。
2 differentiated 83b7560ad714d20d3b302f7ddc7af15a     
区分，区别，辨别( differentiate的过去式和过去分词 )； 区别对待； 表明…间的差别，构成…间差别的特征
参考例句：
  • The development of mouse kidney tubules requires two kinds of differentiated cells. 小鼠肾小管的发育需要有两种分化的细胞。
  • In this enlargement, barley, alfalfa, and sugar beets can be differentiated. 在这张放大的照片上，大麦，苜蓿和甜菜都能被区分开。
3 deter DmZzU     
vt.阻止，使不敢，吓住
参考例句：
  • Failure did not deter us from trying it again.失败并没有能阻挡我们再次进行试验。
  • Dogs can deter unwelcome intruders.狗能够阻拦不受欢迎的闯入者。
4 influx c7lxL     
n.流入，注入
参考例句：
  • The country simply cannot absorb this influx of refugees.这个国家实在不能接纳这么多涌入的难民。
  • Textile workers favoured protection because they feared an influx of cheap cloth.纺织工人拥护贸易保护措施，因为他们担心涌入廉价纺织品。
5 stabilize PvuwZ     
vt.（使）稳定，使稳固，使稳定平衡；vi.稳定
参考例句：
  • They are eager to stabilize currencies.他们急于稳定货币。
  • His blood pressure tended to stabilize.他的血压趋向稳定。
6 affordable kz6zfq     
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。
7 renovate 0VOxE     
vt.更新，革新，刷新
参考例句：
  • The couple spent thousands renovating the house.这对夫妇花了几千元来翻新房子。
  • They are going to renovate the old furniture.他们准备将旧家具整修一番。

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