Houses Are For Living, Not For Speculation
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Houses Are For Living, Not For Speculation
"Houses are for living, not for speculation" ( zh, s=房子是用来住的,不是用来炒的, hp=Fángzǐ shì yònglái zhùde, bùshì yònglái chǎode) is a Chinese political slogan to curb excessive speculation in the real estate market. The phrase was first coined by Xi Jinping, the General Secretary of the Chinese Communist Party, general secretary of the Chinese Communist Party (CCP), in December 2016, and later became the guiding policy of the Government of China, Chinese government towards the Real estate in China, real estate sector. History Due to the rapid growth of the property market and lack of other financial options, real estate became a source of speculative investment after the start of the Chinese economic reform, economic reforms. In December 2016, at the annual meeting of the Central Economic Work Conference, Xi gave a speech, where he introduced the concept "houses are for living, not for speculation". He repeated the slogan during the opening speech ...
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Xi (letter), Xi is the 14th letter of the Greek alphabet. Xi may refer to: Arts and entertainment * Xi (alternate reality game), ''Xi'' (alternate reality game), a console-based game * Xi, Japanese name for the video game ''Devil Dice'' * ''Saw XI'', an upcoming film in the ''Saw'' franchise Phonetics * Xi, a List of Latin digraphs#X, Latin digraph used in British English to write the sound People *Xi (surname), any of several Chinese surnames **Xi Jinping, General Secretary of the Chinese Communist Party since 2012 Places *Xi (state), an ancient Chinese state during the Shang and Zhou Dynasties *Xi County, Henan, China *Xi County, Shanxi, China *Xi River, western tributary of the Pearl River in southern China Other uses * Xi (business), a Chinese form of business organization * Xi baryon, a range of baryons with one up or down quark and two heavier quarks * Xi, a brand name for the 4G LTE mobile telecommunications service operated by NTT DoCoMo in Japan * Xi (apartment), a ...
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