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by joshuaheard 2889 days ago
The article cited higher interest rates. I've talked to other people who say we are in the tenth year of an average 8 year real estate cycle. I think the market is peaking now and will downturn in the near future. But, I think it will be short and shallow consistent with national economic growth.
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Chinese investors realize the market has topped out.

https://www.wsj.com/articles/chinese-real-estate-investors-r...