The seven hot words that define the future of Chinese property

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Via IFeng:

In 2017, the countdown has entered. The report of the 19th CPC National Congress basically determines the direction for the development of China’s real estate market in the new era. “Adhere to the house is used to live, not to speculate on the position to speed up the establishment of multi-agent supply, multi-channel protection, rent and purchase of both housing system for all people live in.”

From the golden age to the silver age, China’s real estate bid farewell to the rapid growth stage and entered the new normal of “steady and healthy development.” Around the changing trend of the real estate market this year, the reporter combed seven hot words, focusing on the interpretation of the property market.

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.