21.10.2008 - China: Property market may warm up till 2010
From Chinadaily.com.cn: China's real estate market may enter another round of expansion around 2010, after the adjustment and transformation of the market, predicted a professor from Zhejiang University. Jia Shenghua, deputy of the real estate research center in Zhejiang University, said that unlike ordinary consumables, the real estate sector is a quasi-financial market with periodicity. "Judging from the current situation, the market in general is in a descending period, which may last for a period of time, and it may take until 2010 for the market to go up and expand again," said Jia.... Full Article: Source
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