Housing Starts in China Plunge 25%; Did China's Property Bubble Finally Burst?
MishTalk
MAY 14, 2014
And developers are pulling back, furloughing workers and delaying new projects. A national survey released in March by the Southwestern University of Finance and Economics in Chengdu, China, found that households across the country had 66 percent of their assets in their homes, a figure that rises to 84 percent in Beijing.
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