Property Prices Continue To Surge In China Despite Government Cooling Measures — Here’s Why
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There have been many metaphors thrown up over the years on the state of China’s real estate market. From warnings of a bubble about to burst to predictions of ghost cities haunting its future, the alarm bells have been ringing loudly.
Many observers have drawn parallels with the U.S. subprime crisis. Yet within China, despite the government’s curbs on speculation, demand continues to push prices upwards in the major cities of Beijing, Shanghai, Shenzhen and Guangzhou.
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https://www.forbes.com/sites/nusbusinessschool/2018/05/07/property-prices-continue-to-surge-in-china-despite-government-cooling-measures-heres-why/#5d9682436d2d
Source : Property Prices Continue To Surge In China Despite Government Cooling Measures -- Here's Why