1. QUOTE from:
    China's House Prices Rise at Fastest Pace in 14 Months, Government Says
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    Asian economies from Hong Kong to Singapore are fighting rising property values, which threaten to mimic the U.S. mortgage bubble that roiled the world economy. "Prices are gaining too fast, especially in first-tier cities such as Beijing, Shenzhen, Guangzhou and Shanghai" said Lu Ting, an economist at Bank of America-Merrill Lynch in Hong Kong. Full Article at Bloomberg.com
    Prices are gaining too fast, especially in first-tier cities such as Beijing, Shenzhen, Guangzhou and Shanghai
    SOURCE: Bloomberg.com 2 weeks ago
All quotes from:
China's House Prices Rise at Fastest Pace in 14 Months, Government Says
  1. The government should tighten rules for second home purchases to stem speculation and curb the rapid price increases.
    SOURCE: Bloomberg.com 2 weeks ago
  2. If there is some kind of collapse in the real-estate market going forward, the impact on the financial system is going to be very minimal
    SOURCE: Bloomberg.com 2 weeks ago

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