Quote:
Originally Posted by Unregistered
Such locations are simple for all to understand the demand but property bubble in China is just waiting to burst, just be careful at its prices now
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It won't be allowed to burst as the effects will be catastrophic. The central bank will cut interest rates to zero if they have to. This is my opinion. Just look at US, they cut interest rates to zero to turn their property market and economy around. If the US can do this, other countries can do the same.