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Home rates going through the roof, say city dwellers
The skyrocketing prices of homes have turned nearly two-thirds of urban dwellers away from the housing market, even as residents' eagerness to buy homes was still on the rise. A property market asset bubble 'may be inevitable' When 27-year-old Li Lin invited his parents to Beijing to visit the model apartment he had just bought, the family was surprised and very happy at how wildly its value had changed in a short time. |
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