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China new home prices fall at fastest pace in over 9 years (www.bangkokpost.com)

submitted 4 days ago by [email protected] to c/[email protected]

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[–] [email protected] 27 points 3 days ago (1 children)

supportive measures failed to spur a meaningful recovery in the property sector

I think the supportive measures did exactly what they were supposed to. First places of residence should be extremely easy to attain. "Housing as an investment property" though should be difficult or impossible.

[–] [email protected] 12 points 3 days ago

exactly