Posted by
leghk
18 yrs ago
http://www.iht.com/articles/2008/02/03/business/property.php
This article suggests that prices should rise steadily over the next few years due to Chinese expansion coupled with US linked interest rate reductions.
IMO (an interested observer, but certainly no expert), as well as the above the tighter lending requirements here and being a long way behind in terms of sub prime lending should help stablity, although possible recession in US and reduced growth in China may reduce the gains in the property market, I dont think a crash is inevitable.
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