Ye: How long can the real estate boom last? -Ye Dun, Real Estate, Prosperity-China Paint Network.

China Paint Network
News: China and the United States
manufacturing
continued to be depressed, the global economy to create real estate illusions.
the HSBC Purchasing Managers' Index for May, released on June 3rd, showed that China's manufacturing PMI ended at 49.2 in May, falling below the 50-year mark for the first time in seven months. The official manufacturing PMI for May was 50.8, up 0.2 percentage points from April. The most optimistic forecast is that the situation of large enterprises in official statistics is improving, while small and medium-sized enterprises are not optimistic, but from the analysis of industry data, the degree of optimism of the official statistics is inexplicable.
capital markets are booming in the United States, the real picture is not good. The ISM manufacturing purchasing managers' index fell to 49 in May, the lowest level since June 2009, as new orders fell and export demand fell, according to data released on June 3rd by the Institute for Supply Management.
the Fed's top nonfarm payrolls data have improved dramatically since last year, when the unemployment rate fell to 7.8 percent in September, down 0.3 percentage points month-on-month, the lowest level since Mr. Obama took office in January 2009. The unemployment rate has remained at an upbeat 7.5 per cent so far this year. But Mr Romney, the Republican candidate, said: "If you take into account the number of people who give up looking for work, the unemployment rate is close to 11 per cent, and by any rational measure, it is clear that we are in the midst of an employment crisis." "
manufacturing low consolidation, the real impetus is a large amount of money to stimulate the recovery of the real estate industry, China and the United States tend to align. China is the result of an increase in investment from an increase in the base currency, while the U.S. is driven by a real estate premium from the Federal Reserve's quantitative easing.On June 3,
, Shanghai Yiju Research Institute released the "Typical Urban Land Transaction Report for May 2013", showing that the construction area of 10 typical urban land transactions was 22.222 million square meters, up 41.7% YoY, up 44.6% YoY; Rmb64billion, up 64% YoY, up 392.6% YoY, the highest level of land transfer income for the same period since 2008, and the average land transaction price was RMB3015/m2, up 15.7% YoY, up 215.7% YoY, the highest in three years.
the same day, china Index Research Institute released data, in May 2013, the average price of new housing in 100 cities nationwide was 10,180 yuan / square meters, up 0.81% yoy, up 6.90% YoY, the same month last June 2012 month-on-month increase, the sixth consecutive month of year-on-year increase.
real estate rise is an indisputable fact, considering that in the process of RMB appreciation, false trade brought more than half of the hot money, underground money houses, and the local government in the process of urbanization land has become the largest financing collateral, China's real estate rise is almost a certainty, is the international hot money and urbanization construction deficit under the inevitable result of the double pressure. At the same time, chinese people from abroad brought in luxury goods, food, daily necessities, electronic products, can be seen in the domestic manufacturing industry is facing great pressure.
U.S. manufacturing is good or bad, can be said to be a weak recovery, compared with the
stock market
and real estate rose sharply. House prices in 20 U.S. cities rose 10.9 percent year-on-year in the year to March, the biggest gain in seven years, according to the S.P./Case Schiller House Price Index, released on May 28. Both the 20 U.S. cities and 10 cities saw their biggest annual gains since 2006, according to the Dow Jones Indices.shares in Fannie Mae and Freddie Mac, the
's two biggest mortgage financing giants, have both risen more than 100 per cent in two-and-a-half years, outpacing the
of google
the big bull stocks. As part of the aid agreement, Freddie Mac and Fannie Mae agreed to hold 79.9 percent of the two companies' common stock at a pre-purchase price
of $0.0001
per share for a period of 20 years. In return for the aid, the U.S. Treasury held $117.1 billion in Fannie Mae Senior Preferred Shares and $72.3bn of Freddie Mac Senior Preferred Shares. After the June dividend payment, the total dividend received by the US government from Freddie Mac and Fannie Mae will rise to $131.6bn, close to the US government's $189.4bn overall investment in fannie-house shares.
as of March 31, Fannie's total assets were $3.2 trillion, while Freddie's total assets were $2 trillion



;
global capital boom, China and the United States rely on real estate to maintain prosperity and investment, this really can continue? Perhaps the United States as an immigrant country, the duration of a slightly longer, China as a speculative currency, the duration of a slightly shorter, but the bubble is not sustainable, the development of the economy depends on the real estate people, not steel and cement.
Responsibility Editor: Chen Mingjun.