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Studio discussion: How to enforce new rules on fixing home prices

05-06-2011 08:59 BJT

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Good regulation, but not so good enforcement? To help answer that, we're joined by our current affairs commentator, Li Yong. Good evening.

Q1:Well, five days since the regulation came in, fixed property prices are still not on show in many real estate offices. As the authorities can't conduct constant checks, what else can be done to enforce the rules?

Q2:Developers who violate the regulation could be fined up to one million yuan, or over 150 thousand US dollars. But the fine is nothing to wealthy developers. Some say the authorities should impose harsher punishments. What do you think?

Q3: There is something in the regulation that's not so easy to carry out, such as how to set fixed prices for second-hand properties. As home owners may ask more than one agencies to sell their properties, how can this area of the market be regulated?

Editor:Xiong Qu |Source: CNTV.CN

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