| From Cri.cn: China's Ministry of Land and Resources recently released data indicating that the average land price accounts for about 23 percent of the surge in house prices, sparking defensive replies from property developers and even more heated discussion across the country about the sizzling property market.
A commentator from Securities Times said the move is an active defense by land authorities against the blame for fueling the rise in property prices. It is commendable of the ministry to respond to people's inquiry in a timely manner and make information public.........Full Article: Source
|