one of the policy implemented since President Xi was elected was

来源: 2017-03-16 09:03:42 [] [旧帖] [给我悄悄话] 本文已被阅读: 次 (442 bytes)
回答: 看不懂的中国房价峨嵋郭襄022017-03-15 18:15:00

one of the policies implemented since President Xi was elected was to make borrowing from banks easily, the direct result of which is that individuals who might not qualify a few years back now get loans from banks to buy housing.  Sounds familiar?  Yes.  That was the direct cause of sub-prime mortgage crisis.  Once the economy growth slows down, a vicious cycle will start and housing price will drop.  

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