Jan
25
What’s Next in China’s Bid to Cool Housing Market: QuickTake Q&A
ByChina’s housing market has a history that’s short by global standards, since private homeownership only began in 1998. But what a two decades it’s been. Home prices have skyrocketed, creating a mentality that real estate is a one-way bet. The government’s sporadic bouts of tightening limits on property sales, then easing them, has often exacerbated the frenzy by prompting speculators to second-guess policy changes. Now, officials are escalating efforts to steady the market, with President Xi Jinping pinning his name on reining in speculation…
What’s Next in China’s Bid to Cool Housing Market: QuickTake Q&A
