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Market needs gradual drop in realty prices [Copy link] 中文

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Post time 2017-1-2 10:52:04 |Display all floors
MA XUEJING/CHINA DAILY
There is no need to cite statistics to show housing prices in China's big cities have been too high for ordinary people to afford. Just ask people around you if they are financially strong enough to purchase a new apartment in Beijing or Shenzhen, and most of them will shake their heads suggesting "no" and might even stare at you as if to ask in response, "why do you ask suc ...

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Post time 2017-1-2 10:52:05 |Display all floors
China's realty prices must drop gradually to half existing levels. CCP in danger

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Rank: 8Rank: 8

Post time 2017-1-2 11:27:56 |Display all floors
If property developers are not selling properties then they will reduce their prices to an affordable level. There should be no need to intervene in market transactions as long as the market is stable.

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