China’s Cities Drag Feet on Home-Price Curbs

All real estate markets are local, says the industry axiom, one that China’s central government is painfully aware of as its efforts to rein in home prices are undermined by uncooperative municipal authorities. Former Premier Wen Jiabao, in his final endeavor to make housing affordable, set an Ap…

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China’s Cities Drag Feet on Home-Price Curbs

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