坊间有一种观点认为,中国的财政收入大部分来自房地产市场,由于政府大量卖地赚钱,所以推高了房价,并制造了楼市泡沫。这种观点是错的。恰恰相反,假如政府不卖地,不从卖地中挣钱,房价反而会进一步剧增;政府卖地本身,其实直接推低而不是抬高了房价。 There is a perception among those who believe that most of China’s fiscal revenue comes from the real estate market, pushing up property prices and creating a real estate bubble because the government made a lot of money selling land. This view is wrong. On the contrary, if the Government does not sell land and does not make any money from land sales, housing prices will actually increase sharply. However, government land sales themselves actually push down instead of raising housing prices directly.