{"id":65076,"date":"2010-04-29T21:25:04","date_gmt":"2010-04-30T04:25:04","guid":{"rendered":"http:\/\/chinadigitaltimes.net\/?p=65076"},"modified":"2010-04-29T21:25:04","modified_gmt":"2010-04-30T04:25:04","slug":"state-media-blames-housing-crisis-on-corrupt-government","status":"publish","type":"post","link":"https:\/\/chinadigitaltimes.net\/2010\/04\/state-media-blames-housing-crisis-on-corrupt-government\/","title":{"rendered":"State Media Blames Housing Crisis on Corrupt Government"},"content":{"rendered":"<p><a href=\"http:\/\/chinageeks.org\/2010\/04\/to-solve-the-housing-crisis-take-power-from-the-corrupt\/\"><strong>ChinaGeeks translates<\/strong> <\/a>a candid <a href=\"http:\/\/zqb.cyol.com\/content\/2010-04\/29\/content_3206266.htm\">article from China Youth Daily <\/a>about the housing crisis and corruption:<\/p>\n<blockquote><p>\nHousing is meant to be a one of the basic necessities of life, but at present it has become a very common problem. If the people want to realize their dream of having housing, they must count on the government to move. If government employees could feel the pain caused by these housing problems, that would give them the impetus to do something. But housing welfare for government employees is widespread, and it allows them to distance themselves from the housing market. Whether housing prices are high or low has little effect on their housing, so we must take useful steps to get them to do something. We can\u2019t rely on their senses of responsibility or their consciences.<\/p>\n<p>If the law has banned it, but civic organs are doing it openly, then that is public corruption! This kind of corruption not only destroys the government\u2019s incentive to regulate the housing market, it gives government employees a vested interest in the continued rising of housing prices. Because government employees can get houses easily, the value and profit potential of their property increases as the amount of property they have goes up.<\/p>\n<p>The existence of corruption impedes national efforts to safeguard the housing [market]2. Commercial prices are so high they\u2019re untouchable, so a lot of people have placed their hopes in [the government] safeguarding the housing [market]. And while it\u2019s popular right now to talk about protecting the housing market, this hasn\u2019t really helped the common people much either, and the reason is again corruption. <\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>ChinaGeeks translates a candid article from China Youth Daily about the housing crisis and corruption: Housing is meant to be a one of the basic necessities of life, but at present it has become a very common problem. If the people want to realize their dream of having housing, they must count on the government [&hellip;]<\/p>\n","protected":false},"author":33,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":"","_links_to":"","_links_to_target":""},"categories":[2,10,38],"tags":[203,6182,3098,3297],"class_list":["post-65076","post","type-post","status-publish","format-standard","hentry","category-economy","category-law","category-the-great-divide","tag-corruption","tag-housing-bubble","tag-housing-market","tag-housing-policy","et-doesnt-have-format-content","et_post_format-et-post-format-standard"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.1 (Yoast SEO v24.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>State Media Blames Housing Crisis on Corrupt Government<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/chinadigitaltimes.net\/2010\/04\/state-media-blames-housing-crisis-on-corrupt-government\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"State Media Blames Housing Crisis on Corrupt Government\" \/>\n<meta property=\"og:description\" content=\"ChinaGeeks translates a candid article from China Youth Daily about the housing crisis and corruption: Housing is meant to be a one of the basic necessities of life, but at present it has become a very common problem. 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