Should I insert in the 'What could possibly go wrong?' question here?
The Financial Times conduct their own proprietary research onto China house prices.
While it fell back a little in Aroil (see graph below from the FT) they describe the March as:
- torrid pace of activity
and April as:
- a still-robust pace of expansion
Link is here (may be gated) for more
Stimulus from China, intended to boost the economy, very often seeks leakage into property investment and speculation. Which leads to authorities refocusing on deleveraging. And so the roller coaster goes on.
