Property News · January 12, 2023

Painful as it is, China must rid its economy of an ever-rising property market


It will be impossible to wring speculation out of the sector without much lower prices and a significant increase in financial distress. But the longer the economy is dependent on an ever-rising property market, the higher the economic costs of reform.

Source : South China Morning Post
Read more…Painful as it is, China must rid its economy of an ever-rising property market