[photopress:housing_show_1.gif,full,alignright]Some 35.4 percent of visitors to a housing show in Beijing said they would suspend their house-buying plan after the central government took a series of measures aiming to rein in the skyrocketing house prices.
A sample survey of over 1,000 visitors to the exhibition showed the country’s macro-control measures have had a psychological effect on the potential house buyers.
The survey by China Index Research Institute, which got 961 valid returns, shows 86.4 percent of the respondents said the current housing prices in Beijing are high and they can not afford a house.
Beijing’s house trading has declined remarkably after the government issued a circular demanding that from June 1, homes smaller than 90 square meters must account for at least 70 percent of the total floor space in any new residential housing projects.
According to the website of the Beijing Municipal Construction Committee, an average 450 sets of houses were sold in August, compared with 600 sets before the introduction of the new policies related to property industry.