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China’s property speculators head inland to find bargains, but prices rise sharply in the process

4 weeks ago
Sky Canaves
hangsha, the capital of Hunan Province, had relatively low residential property prices until recently, with home prices rising by nearly 30 percent since July.
By Sky Canaves
Sky Canaves previously reported for The Wall Street Journal in Beijing and Hong Kong, where she covered media, culture, social issues, and legal affairs, and served as the founding editor and lead writer of the WSJ’s China Real Time site. Prior to becoming a journalist, Sky worked in the China corporate law practice of Baker & McKenzie, and she has also taught journalism and media law at the University of Hong Kong. She speaks Mandarin and has accumulated more than a decade's experience living, studying and working in China.