Are Property Booms and Busts Unavoidable?
Below is my abbreviated translation of a recent article by 徐滇慶 on www.cesnew.com titled “Developers Collude to Push Up Prices, Rendering Control Measures Futile”, which seeks to identify the underlying causes for persistent and rapid price rises in China’s property market and the possible causes that could lead to a reverse course.
It is interesting to s…
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