星期一, 六月 26, 2006

"Not Buy House" movement in Shenzhen

Just read a post in a small forum. It talks about how a grassroot
movement was started and quashed in Shenzhen, Guangdong, China.

The post said that the leader of this movement, Zhou Tao, is 32 years
old. He was exective director of a golf club in Shenzhen. Zhou has a
yearly income at 6 digits in RMB yuan. He disappeared in Shenzhen
since his idea was echoed by thousands of citizens in Shenzhen. Since
2005, Shenzhen real estate per square meter price has rised up to more
than 8000 RMB yuan, which is more than 1000 dollars.

Following translations was done by zonaeuropa:

Shenzhen citizen Zou Tao started the "Not Buy House" movement, which
has reportedly been banned. According to some BBS posts, Zou Tao was
taken away by the public security bureau before he boarded a plane at
Shenzhen Airport on May 11. Zou Tao's blog at Tianya has been shut
down. The whereabouts of Zou Tao is unknown.

I have previously predicted such an outcome. It is a fool's dream to
think that an individual's efforts can affect the huge interests with
the real estate moguls and the government. Housing prices in Shenzhen
and Beijing are extremely high, and there are signs that certain
groups of buyers are speculating to take profit while the real estate
developers are jacking up the prices. But there is nothing that we can
do. Individually, we can refuse to buy. We can write essays to condemn
this kind of behavior. But if we organize several tens of citizens to
take certain actions against certain things, it would be anathema to
the government. No matter how pure and good your motives are, you will
be banned.

The "Not Buy House" movement originally appears to be directed against
the bad real estate groups. In practice, it has touched upon the
related interests of the government. Through auctioning off the land,
the government obtains revenues. Obviously, the higher the price, the
better off the government will be. If the developers have higher
costs, they will seek higher returns for which the government will
receive high tax revenues. Under this win-win situation for the
government and developers, it was a fool's dream for Zou Tao to hope
that housing prices will come down.

Zou Tao appears to have left Shenzhen now. If he does not want to
leave, his life may be threatened. Shenzhen changed him, or else he
should not have been living in Shenzhen, a city between heaven and
hell ...

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