曹德旺怒批楼市：砖头水泥不值钱！马光远反驳：会误导普通民众

Group 1 - The core viewpoint presented by Fuyao Glass founder Cao Dewang is that the value of real estate is significantly overestimated, with construction costs being only 2,000 to 3,000 yuan per square meter, while prices exceed 10,000 to 20,000 yuan [1] - Cao Dewang argues that high housing prices attract excessive social capital into the real estate sector, hindering the development of the real economy due to a lack of capital inflow [1] - Independent economist Ma Guangyuan counters that dismissing real estate as merely "bricks and cement" overlooks its substantial contributions to GDP and employment, with the sector's contribution to GDP declining from nearly 30% to 22% [3][5] Group 2 - Ma Guangyuan emphasizes that the real estate sector supports over 56 related industries, providing employment for more than 50 million people, and a downturn in the market could lead to increased unemployment [3][5] - He warns that portraying housing as worthless could mislead the public, as housing demand remains rigid, and even renting incurs living costs [5] - The discussion highlights the need for a balanced approach to real estate, avoiding excessive financialization while recognizing its short-term economic contributions [9] Group 3 - Cao Dewang's perspective aligns with the idea that housing prices should reflect true value to avoid economic bubbles, citing that in cities like Shanghai and Shenzhen, the price-to-income ratio is as high as 40 [7] - Ma Guangyuan argues for the importance of maintaining a prosperous real estate market for GDP growth and employment, suggesting that the economy is overly reliant on real estate [7] - The urgent need is to stabilize the real estate market to allow for a gradual transition towards high-end manufacturing and high-tech industries, reducing dependency on real estate investment [9]