Very interesting article. The real estate market is so murky, and has become so risky, that even though Beijing is encouraging healthy (i.e. state-owned) developers to acquire projects from troubled developers, the former have been reluctant to buy.
Very interesting article. The real estate market is so murky, and has become so risky, that even though Beijing is encouraging healthy (i.e. state-owned) developers to acquire projects from troubled developers, the former have been reluctant to buy.