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主题:泡沫过程注定反演,北京房价暴跌60%(一) -- 陈经

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家园 China will get what it

deserves.

China is just another Japan and officials at different levels ALL HAVE incentives for an ever higher housing prices.

Without high housing prices, where can you find money to finance all the local gov. expenditure? Won still has not solved the provincial fiscal problems and he is not capable of.

He is going to leave a big sh*t to his successors.

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