“If food prices continue to rise, even if that triggered food riots, I would not be surprised.” FAO Director-General Diouf recently on the global grain and food prices rise relentlessly then released. He said that in the past few weeks, global food prices rising steadily, has evolved into a “more serious problem,” because consumers have begun to recovery. ( “Oriental Morning Post,” October 31)

Since the 1970s, global food
Since the shortage, food security of many countries now once again become the heart disease, the United Kingdom
Chairman of the Group of commercial agriculture Henglifeier said: “The world situation is, we have an abundant supply of food from one era into the very short time.” If you believe that the above conclusion, I believe that a food shortage in the coming years, Then the attendant is we might be facing a terrible dilemma: rising house prices will double to enlarge food shortages brought about by the harm.

In recent years, housing prices in the real estate developers, banks, government land sales, and so contribute to the speculators, not to curb the rapid rise of a strong driving force, which is the prosperity for the real estate industry has made great contributions, but the consequences are at the same time Have a large number of vulnerable the slaves, their expected lifetime income for the future purchase of real estate mortgage lending, carrying a total household income needed to repay 10 to 30 years of debt, the event of a sharp rise in food prices, the first crisis They will surely be.

British house prices in the last two years, the fastest rate of decline, or even face the possibility of collapse, blasting fuse Brown is the new cabinet launched a massive public housing programme, and this program stems from the introduction of such a concept: “can not allow Britons used nine times the annual income buy a house, because risks are too high. “Nine times the annual income housing prices let the British Government exclaimed as too risky, then we look at the prices of the status quo, is almost blind riding a blind Ma temporary abyss of darkness, the risks may occur at any time, just do not know it.

On the economic laws, food shortages will trigger a global scope of the increase in food prices and, as the upper reaches of the means of subsistence, food price increases will inevitably lead to some extent inflation.

This year in the past few months, pork, edible oil price increases have been suffering for ordinary people who, if this suffering continue and intensify, the most difficult days in addition to low-income groups, is the excessive expenditure of the slaves. Low-income groups in food prices will rise when the government subsidies, but the slaves, no one Qubang them out of difficulties, some people will be rigid because of the daily expenditure was worn down, the verge of collapse. It is also said British revenue in the nine times the risk of purchases, but this risk we were to ignore the subjective and ignored.

Some people think that the central bank, China Banking Regulatory Commission jointly promulgated the second suite down payment to 40% of the mortgage is blocking the New Deal housing prices rose a blow, but many people take exception to the industry, many banks have over-spent this year Lending limit, no money to loan-to-be, affected little. From this point can be judged, in the past we have always thought it was a huge tiger cage in resident deposits, with a high proportion of entering the real estate industry, most of which is the form of mortgage loans, resulting from the Slavery One can imagine the number of it. In view of the prevailing conditions of the banking sector lending too broad of the status quo, the use of false proof of income to obtain bank loans of the people is by no means minorities, which are the economic situation itself is not very good from bank loans to 30 to 50 times the annual income to buy High-priced property, their ability to resist economic fluctuations is very fragile. On one side is a shortage of food era, while housing prices are high times, their financial risk will be extremely enlarged and in trouble.

Diouf’s tough words, “to see if the food problems caused by the riots, I would not be surprised” is not against us and the hair, but its significance to our warning applies equally, we should at least promptly recognize that a high housing prices The age is not, nor should the shortage of food at the same time and coexist, effective regulation and control prices to cope with the impending food shortages, the emphasis should be for policy makers. (Fan large and medium-sized)

Tags: abundant supply, commercial agriculture, food prices, food riots, food shortage, food shortages, global food, global grain, government land, household income, income housing, lifetime income, mortgage lending, new cabinet, nine times, oriental morning, rapid rise, real estate developers, real estate mortgage, world situation

Related posts