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Vancouver Canada has chosen to tax houses that are deemed vacant. London Britain has chosen to increase tax on foreigners who purchased properties there. Ontario Canada chose to increase minimum ...READ MOREI wrote about the topping of the real estate markets around the world back in October. I received quite a number of emails from readers confirming their concerns of price ...READ MOREAs I reported back in late September, China mentioned the potential of having an oil future exchange in the Free Trade Zone in Shanghai. Now it is a confirmed ...READ MOREMany people who invest in real estates including majority of the people in the industry think that they can see the trend. In other words, they think they know where ...READ MORE
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China capital city housing sales dropped 80% in a week
After Chinese government introduced special restrictions on who and what can participate in its Beijing housing and commercial property markets for a week, the latest data shows reduction in transactions of 80% or more across all types of properties.
Talking about efficiencies in controlling an overheated market.
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