Property News · October 25, 2017

A paean for property speculators and why the market needs them to function properly


[President] Xi underlined his housing policy when he outlined his vision for the mainland’s development over the next five years at the opening of the party congress last week, stressing “houses are built to be inhabited, not for speculation.” — Property Post, October 25
Thus spoke the master, whereupon tens of thousands of loyal servants leapt to obey the command by instituting yet higher down payment ratios and more rules to drive off the hordes of evil speculators.
The…

Source : South China Morning Post
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