Microblog insights

Topic 1:

China's housing market regulators are considering whether to shift away from the previous administrative tightening measures toward market-based measures, China Securities Journal reported on Thursday. It came as April's housing tightening measures, including a 20 percent gains tax on secondhand house deals, failed to curb rising prices. Market observers still expect a rising trend over the next months. China may expand property tax trials to more cities this year, the paper reported.

Kingth: The government's curbing policies are a precursor to another round of price rises.

Hechuyouwo: The property tax will be an effective measure but a more effective measure is to substantially boost land supply.