"Real estate investment is the best investment choice in China at present." Lang Xianping (micro-blog) spoke at an economic forum in Nanning, Guangxi on 7 May.
Lang Xianping maintained a consistent style, analyzed the current economic situation at the forum and revealed his portfolio to hundreds of people on the scene, including the purchase of real estate in Shanghai. Lang Xianping said that property investment is a relatively good choice for Chinese people than stocks and gold. "During the 10 years from 2003 to 2012, China's housing prices were soaring. It is the right choice to use inflation to fight inflation.
Lang Xianping expressed his support for the central government's failure to save the market. He said that the property market in China should recover after two years. "There will be diversified demand for housing market in the future. Just needed housing, subway rooms and school districts will win more markets." Lang Xianping said.