Yesterday, I began an investigation into the potential causes behind the latest bump in China’s property sales numbers, and whether they portend a genuine turn-around in the nation’s real estate market. I noted that five basic theories to account for what has been happening, and promised to examine them each in turn:
- Lower Prices are Bringing Buyers Back
- Looser Restrictions are Unleashing Pent-Up Demand
- Optimistic Buyers are Misreading the Market
- Government Intervention is Boosting the Numbers
- Developers are Fudging Numbers to Stay Afloat
Topics:
Economy