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China Says Housing Prices Are Stable, but Developers See Significant Declines

  • Article
  • Mar 20, 2022
  • #RealEstate
Cao Li
@caocli
(Author)
www.wsj.com
Read on www.wsj.com
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1 Mention

One main reason for the diverging picture is the composition of the country’s official data, economists and property analysts say.

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Michael Pettis @michaelxpettis · Mar 20, 2022
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1/2 Good article. "To bring in sales, some developers have been giving out free cars, parking spots, decorations or household items to home buyers when they can’t lower their apartment prices, according to Chinese state media." [link] via @WSJ
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