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China's Housing Bubble: 40% Falls PossibleChina Business

china-economics-blog.blogspot.comA recent CERP paper looks at the potential for 40% drops in China housing prices. This is a result of a number of China specific factors, including (1) lack of assets to invest in (2) the actions of state owned companies including the army that are dangerously addicted to speculation and not doing what they are supposed to do.

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mhblatt
Submitted by mhblatt
1 year 24 weeks ago Made popular 1 year 23 weeks ago
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1 Comments

cityweekend
cityweekend 1 year 23 weeks ago

It could be worst than it has been forecasted...

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