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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