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Taiwan: Report suggests housing market bull run ending

Posted on 04 October 2011

Recent data indicating a weakening housing market and slowing capital repatriation from China suggest the end of an eight-year bull run in the local housing market is near, Citigroup said in its latest research.
The report, released on Sunday under the title The Party is Over, said the local housing market has seen prices surge by more than 100 percent in some areas over the past eight years thanks to the nation’s low interest rates, limited land supply, continued money repatriation, increased foreign capital inflows and expectations of Chinese investment on better cross-strait ties……………………………………….Full Article: Source


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