China Housing Market More Stable Than You May Think – China Business

www.newgeography.com — The sensationalist reporting of rising China tends to celebrate the country’s ascent. But there is one area where both economists and casual observers see a potential disaster: the real estate market. The claims about real estate, however, are as exaggerated as the breathless accounts of the country’s path towards world economic domination.

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Submitted by ChinaUrbanDevel...

1 year 11 weeks ago Made popular 1 year 11 weeks ago

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Tom 1 year 11 weeks ago

I don't agree with this assessment, but it is a well written piece.

I agree that a part of the housing boom is a growing middle class, but from looking at all the dark windows at night as I rode the bus home in Chengdu last year, it seems like a lot of the buildings are emptier than this author might realize.

Also thought it was interesting that their apartments rapid increase in value is seen as a good thing by this author, instead of a warning sign.

Who Hao/Bu Hao'd It?

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