Survey shows that 60% China residents think housing prices is high

People’s Bank of China announced 2009 cities and towns depositors survey of the second quarter, showed that consumer consuming-willingness decline and willingness of  savings and investment enhance.

Survey showed that 47% of urban residents select “save more”, this proportion increased by 9.5% than the previous quarter, rose to a record high; only 15.1% of urban residents choose “more consumption,” decline 14.6%, down to historic lows.

60% residents think the current house price “high, it is difficult to accept.”