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Opinion: Despite serious problems in China’s housing market, ‘bubble’ is the wrong word to describe fast-rising property prices

2 weeks ago
Sky Canaves
Investors, analysts and the press have been predicting Chinese real-estate Armageddon for the better part of a decade," writes the author. "But there has been no nationwide crash. Prices have weakened for a time, typically when the government clamps down on buying, only to take off again every few years."
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.

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