Owen Guo, 中国加快房地产去库存,农民工成 '接盘侠.' 纽约时报中文网, Mar 10, 2016
cn.nytimes.com/business/20160310/c10chinahome/
, which is translated from
Owen Guo, Not the Chinese Dream; Awash in empty homes, China asks migrant workers to settle down, and they resist. New York Times, Mar 10, 2016.
Excerpt in the window of print: Rural natives work in the cities, but aren't sure they want to live there.
Note: "Investment in Chinese real estate reached nearly $1.5 trillion last year, according to official figures. * * * After growing by double-digit percentage rates for more than a decade, Chinese real estate investment last year grew just 1 percent."
It is unclear whether the "investment" concerns real estate developers building houses or consumers buying houses or both. |