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Comment by formerly_proven

8 hours ago

> Each year they have warned that houses are for living, not speculation. Last year, they dumped a huge amount of cheap lending into the market to provide movement...warning this is the last step...a month ago the 2026 gov priorities list removed protecting the housing market...first time in modern history.

Perhaps one of a few genuinely positive policies which only China can do. Meanwhile western countries will rather stab their economies to death than accept even just stagnating real estate prices.