Understanding China, One Blog at a Time

An American in China

china guarantee s house prices

Posted by w_thames_the_d on December 6, 2011

Wantchinatimes reports that Chinese realtors are guarantee ing that house prices wont fall. Some are even contracting.g that house prices will increase twenty percent. Sounds like a bubble to me….

One Response to “china guarantee s house prices”

  1. Brewskie said

    Too late. Beijing’s seeing a 20-30 percent cut, 25% in other areas, ghost cities are seeing 30% price discounts for cash purchases, New Ordos got nuked nearly 70%.

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