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Thread: Can the government control the rise of house price?
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[quote=APAULT,232109]It is almost impossible to control the prices, even for the Chinese government. Sure it can remove some of the speculative demand from overseas but that is a tiny proportion of the demand. There is a massive pent up demand, people want more space, less people in one home, less generations together. As incomes grow that demand will push up prices against a slowly rising supply. Of course we could halt refors and go back to government control.......hmmm![/quote]
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