Monday, November 18, 2013

Chinese people’s penchant for property evokes U.S. bubble mentality

Amid the government’s effort to pass aggressive legislation designed to cool the housing market, China’s home prices soared to record heights in October, underscoring the persistent danger of a price bubble, Reuters reports. China’s booming market is reminiscent of the ...

Chinese people’s penchant for property evokes U.S. bubble mentality

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