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2014年2月以来,连续下跌的人民币即期汇率对中国的房地产市场产生了微妙的作用。这种作用最为明显的表现就是,一向坚挺的房地产市场,在没有国家政策干预的情况下,出现了些许松动。中国房价应该是世界上最难以琢磨的问题。尽管经历了中国政府多次条件苛刻的行政干预,但它的价格却以一种超乎想象的力量保持数年坚挺不倒,而且还像火箭一样往上冲。不过,自从美国在今年1月1日正式启动削减量化宽松政策(QE)之后,一向坚挺的人民币汇率出现下跌,随之中国的房价也出人意料地疲软了。有人据此说,人民币汇率贬值很可能改变中国房价的走势。这是真的吗?
The continuous decline of RMB spot exchange rate has had a subtle effect on China’s real estate market since February 2014. The most obvious manifestation of this role is that the real estate market, which has been strong for a long time, has experienced some loosening without the intervention of state policies. China’s housing prices should be the world’s most difficult to ponder the problem. Despite many harsh administrative interventions by the Chinese government, its price has remained strong for years without any imagination and has also been rising like a rocket. However, since the United States formally started the quantitative easing (QE) on January 1 this year, the renminbi exchange rate, which has always been strong, has dropped. As a result, the housing prices in China have also surprisingly weakened. According to this, some people said that the devaluation of the RMB exchange rate is likely to change the trend of housing prices in China. is this real?