Never let the truth get in the way of a good price rally in the iron ore market.
With another Chinese property rescue on the way, why not? Well, there is this.
- John Lam expects home prices to fall for at least another two years before a recovery in China’s residential property market can take hold.
- Lam said people who bought homes in the past decade may all be loss making, which has “fundamentally changed housing price expectations.”
- He anticipates used-home prices in top-tier Chinese cities to decline another 10% in 2026 and 5% in 2027, unless Beijing introduces major stimulus measures.
Advertisement
