Andy Xie, renowned Chinese economist, predicts that the housing prices in China will fall, particularly at remote areas with oversupply of residential flats – aka the ghost cities. As China loosens policies to arrest a slowdown in property investment and the broader economy, debate has heated up over whether such efforts will add pressure to […]
Tag Archives: housing prices
Dr Andy Xie talks in the video below about the housing bubble in China (video in Chinese). He boldly predicts that the housing prices have the possibility to fall for 50%. His analysis is based on China’s population, the money supply and the land supply… Dr Andy Xie 謝國忠 is a Shanghai-based independent economist specialising in […]
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