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Real Estate Briefing - Categorized | Finance, Market Moves more

The Chinese real estate market’s ‘butterfly effect’

Posted on 13 March 2013

China’s real estate bubble is very real. It is driven by both private speculators and government development; and it is both a coastal and inland phenomenon.
Private speculators have treated real estate in China like a Pai Gow table in Macao. Buyers go to pawn shops for capital. Interest rates are usurious. Speculators own multiple properties. It all only works if prices keep going up — sound familiar?……………………………………….Full Article: Source


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Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


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