Year in Review: China’s Property Market at a Turning Point - The government began to loosen up last year on a clampdown that upended an industry, but developers won’t be able to rely on the business model of the past
I heard from a forgettable and unreliable source that their earlier crisis resolution was causing issues so that they were easing restrictions and reopening the housing speculation market.
I’m assuming they got their information from a source that was unhappy about the restrictions and wished their were issues that would cause China to change its mind, because everybody knows the pillar of a national economy is selling houses you will refuse to build.
You hear it a lot with regard to China; “if you don’t allow speculators to fictitiously inflate your economy there’s going to be a crisis”. The actual building of the houses is the economy, not the money exchanged for empty promises.
I heard from a forgettable and unreliable source that their earlier crisis resolution was causing issues so that they were easing restrictions and reopening the housing speculation market.
I’m assuming they got their information from a source that was unhappy about the restrictions and wished their were issues that would cause China to change its mind, because everybody knows the pillar of a national economy is selling houses you will refuse to build.
You hear it a lot with regard to China; “if you don’t allow speculators to fictitiously inflate your economy there’s going to be a crisis”. The actual building of the houses is the economy, not the money exchanged for empty promises.