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Economist: No silver bullets for China property market

Posted on 21 March 2012

Despite five months in a row of falling housing prices and other ominous signs in China’s property sector, the country’s real estate practitioners have nevertheless managed to maintain a surprising level of optimism.
But considering how many Chinese investors and developers failed to anticipate the extent of the current slowdown in the domestic property market, Tsinghua University economist Patrick Chovanec said at a property panel in Beijing on Tuesday, the time has come to dispel a couple myths about certain silver bullet solutions for the sector………………………………………..Full Article: Source


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