QuoteProperty sales in mainland China declined for the tenth straight month in February, as lower demand during the Spring Festival holidays weighed and expectations are the beleaguered sector's woes will continue, pressured by low homebuyer confidence.

From an article.

Boom and bust is a feature of the system.

Quote from: K-Dog on Mar 13, 2024, 01:28 PMBoom and bust is a feature of the system.

That was the old system.  Now it's the Bust-Bailout-Bigger Bust cycle.

RE