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2008 is a year full of policy changes for the real estate market.On the one hand,real estate policies were launched one alter another, most frequent in recent years.On the other hand,a major policy shift was emerging,most evident in financial and fiscal policies. Macro-control policies are meant to function as a tool for reverse regula- tion.When the market is overheated,macro policies are used to cool it down;when the market is down,they are used to stimulate its develop- ment.At present,the central government has basically confirmed its stand to help the real estate market out.If the market remains down in near future,more favorable policies will be put in place.
2008 is a year full of policy changes for the real estate market.On the one hand, real estate policies were launched one alter another, most frequent in recent years. On the other hand, a major policy shift was emerging, most evident in financial and fiscal policies. Macro-control policies are meant to function as a tool for reverse regula- tion. When the market is over heated, macro policies are used to cool it down; when the market is down, they are used to stimulate its develop- ment.At present, the central government has mostly confirmed its stand to help the real estate market out.If the market remains down in near future, more favorable policies will be put in place.