Overall, despite there are numerous reports stress that China is
under the risk of housing bubble burst (see the report here). However, China
has its characteristics. The concentration of population, the gap in income,
the consumption concept, and other factors may all influence the housing price.
With the vast territory, it is hardly to identify the housing bubble in the
second-tier and third-tier cities. Only choosing the data from first-tier
cities cannot represent all of China. Therefore, this blog still has
limitations about the housing bubble issue in China. Finally, thanks for your
reading.
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