Changing Prices in a Weak Housing Market |
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Authors: | Xu Dianqing |
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Institution: | Dean of the Great Wall Financial Research, Professor of University of Western Ontario, Canada and China Center for Economic Research of Peking University, China |
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Abstract: | First, the adjustment in housing prices are in some cases just a regular marketing strategy. Speculation is restrained by macrocontrol policies, which naturally slows down a price increase.It is also predictable that some unreasonably high prices will need to be readjusted. |
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Keywords: | Market Housing high need housing prices increase restrained policies adjustment cases regular marketing strategy |
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