Checked with a relative living in China and here’s his comments “The information in the video is obsolete. Almost 70-80% of the phenomenon isn’t really true today. Meaning the sense of investment in properties for major public has advanced. I think the content of the video would be more adequate describing situation between 2013-2017, after 2017, the central/regional government has put forth many policies to restrict property transaction and speculation. Nowadays the really crazy property prices mostly happens at good schools zone.”
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