Monday, January 09, 2006 

LA Times: A Home Boom Busts Shanghai's hot housing market has fizzled after a run-up fed by speculators, threatening a significant part of China's economy. Once one of the hottest markets in the world, sales of homes have virtually halted in some areas of Shanghai, prompting developers to slash prices and real estate brokerages to shutter thousands of offices.
posted by Webmaster  @ 9:28 AM 0 comments

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