| From Telegraph: The Chinese capital saw a building boom of historic proportions in the seven-years before the Olympic Games - and an explosion in the sums people would pay for a foot on the housing ladder.
As elsewhere across the world, it has become clear that the boom is ending. Since the end of the Olympics and Paralympics last month, the slow-down has turned to bust. Many of the city's hugely ambitious developers have found themselves burdened with a glut of new apartments. At exhibitions and sales rooms, companies are offering instant discounts of 15 and 20 per cent - and still the number of buyers is falling short..... Full Article: Source
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