China Real Estate: “Prices Will Fall By 50%”

Sound familiar?  Keep this one on your radar.

NTD Television writes,

Chinese real estate has been seen as such a quick and lucrative investment that a special term, “chao fangzi” or “stir-frying houses,” was invented to describe property speculation. But the new consensus is that things got too hot too quickly, and both Chinese regime authorities and major players in the real estate market are trying to stabilize what some are already calling a bubble waiting to burst.

(click here if video is not observable)

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4 Responses to China Real Estate: “Prices Will Fall By 50%”

  1. Caes says:

    Chinese real estate has been seen as such a quick and lucrative investment that a special term, “chao fangzi” or “stir-frying houses,” was invented to describe property speculation.

    Nope, “chao fangzi” is a normal term used by asian chinese for the pass 20+ years to describe property speculation.

  2. JZ says:

    I am pretty sure this is wrong.
    To put money where my mouth is, I just bought a 3 BR apartment in Chengdu for 2M RMB, closed 2 weeks ago.

    NTD TV? really? It’s anti-China everything. Besides, all western media’s so called Chinese economy analysis have been wrong for so long. They have been calling hard landing on Chinese economy for almost a decade. They already lost all of their credibilities.

    I will keep you updated regarding my little apartment investing. thanks.

  3. macromon says:

    Thanks for the post, JZ… We are adding CCTV as another video source from China. Good luck on your investment.

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