投资增长速度下降不可避免——2004年房地产投资增长预计20%

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2003年房地产投资火暴2003年的房地产投资延续了2002年的火暴,且尤有过之而无不及。2002年房地产投资取得21.9%的增长,投资总额达到7736亿元;而今年1—11月投资已达8285亿元,全年估计将超过9000亿,同比增长可达25%左右。房地产业在1993—1998年间曾陷入低潮,加上当时的通缩环境,投资与价格都非常低迷。98年后,基本甩掉了烂帐包袱的地产界开始景气回升。加上住房制度改革的突破性进展,1998后的房地产投资开始强劲增长。以京、沪、深为中心的三大经济区在这一轮房地产热中扮演了主力的角色,投资与价格都持续大幅上升。当时中国尚未摆脱通缩的困扰,房地产业的强劲上升,主要是住房制度改革释放的需求和城市化进程拉动的结果。 Real estate investment in 2003 was fierce In 2003, real estate investment continued the fire of 2002, and especially worse. In 2002, real estate investment achieved a growth of 21.9% with a total investment of 773.6 billion yuan. From January to November this year, the investment has reached 828.5 billion yuan, an estimated annual figure of over 900 billion yuan, up by 25% over the same period of last year. The downturn in the real estate industry between 1993 and 1998, coupled with the current deflationary environment, has caused a very sluggish investment and prices. After 98 years, the real estate community, basically ridding the burden of bad debts, started to rebound. Coupled with the breakthrough of housing reform, real estate investment began to grow strongly after 1998. The three major economic zones centered on Beijing, Shanghai and Shenzhen have played a dominant role in this round of real estate fever, with both investment and prices continuing to rise sharply. At that time, China had not yet got rid of deflation. The strong rise in the real estate industry was mainly driven by the demand for the release of the housing system reform and the process of urbanization.
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