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Wednesday, February 26, 2014
China Should Change The Target of Real Estate Regulations
ANBOUND

Many indicators showed that part of China's real estate market will be exposed to the risk of falling price in the coming years and gradually overtake the pressure of rising price. ANBOUND’s fellow economist Zhong Wei says China’s real estate market has reached a high plateau. Real estate bubble is inevitable if government ignores the status quo and continues to expand the supply, restrict reasonable demand and hastily introduces property tax. It is more difficult for the Chinese government to prevent housing prices from falling in the mid-long term rather than control the rising price of real estate.

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