‘Meaningful Correction’ Looms for China Housing, Economists Say

Posted by admin on July 29, 2010 · Leave a Comment 

From BusinessWeek.com –
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‘Meaningful Correction’ Looms for China Housing, Economists Say

China’s housing prices, which have tripled in major cities in the past 10 years, face a “meaningful correction” in the next year or two, according to a paper from the U.S. National Bureau of Economic Research.

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