Caixin
Sep 07, 2016 02:04 PM
PROPERTY

Closer Look: Real Estate on a Roller Coaster

China's property market has been riding a roller coaster since the 2008 global financial crisis, rising on upbeat market expectations and falling when those expectations cool.

Real estate investors, for example, have repeatedly interpreted central government statements on moderating monetary policy as signals of easing liquidity. And they've viewed every new local government home-buying restriction as a call to buy.

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