12.03.2013 - Forget the “ghost cities” scare. China’s housing market recovery is well underway
It’s hard to look at recent headlines and come away feeling optimistic about China’s housing market. Tightening credit conditions, a fresh round of property-sale restrictions and renewed talk of “ghost cities” suggest the much-discussed China housing bubble may be nearing “pop” levels once again. Or so it might seem. But in a note out today, Standard Chartered’s Stephen Green and Wei Li point to mounting evidence that the bubble is subsiding—if, indeed, there ever was one...............................................Full Article: Source
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