China Securities Journal: Era of strong property investment growth has probably come to an end

From a China Securities Journal front-age editorial today. Says:

• The era of strong property investment growth has probably come to an end
• Almost no more room for property investment growth in smaller cities with lots of empty developments in third and fourth tier cities
• Talk of a return to 30% growth levels is a pipe dream

The China Securities Journal is an official China newspaper, sponsored by Xinhua News Agency

Headlines via MNI.

Coming up later today we get China January property prices, due at 0130GMT