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Monday, May 26, 2014
Ministry of Housing Is Investigating Real Estate Market
ANBOUND

Recently the Ministry of Housing has conducted intense investigations on local real estate markets. It is worth noting that some officials from the Ministry of Housing made it clear that purchase relaxation should not be mistaken as the stimulus to boost the real estate market and temporary economic growth. We should stay calm even though the adjustment in real estate market will affect many aspects such as local finance, banks, etc. because it is a spontaneous market adjustment. The future real estate market has to face disastrous consequences if it is artificially interrupted.

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