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Strategies & Market Trends : 50% Gains Investing

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To: Spekulatius who wrote (76308)4/14/2009 1:05:24 AM
From: Spekulatius of 118717
 
China housing prices could halve by 2011: report
Economist sees stagnation in real estate once government stimulus wears off

marketwatch.com{4E651E99-0158-4569-BFF0-2B6388932EED}&siteid=yahoomy

Recently government investigations had turned up examples of fraud, including developers using fake mortgages to offload apartments onto the books of state-run banks.
Many of these state-run banks are facing political pressure from Beijing to ramp up spending as part of the central government's plan to boost the economy.


As we all learned in the recent past, it pays to listen to renegades sometimes.
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