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China's property fundamentals strong to curb asset bubbles, IMF says

Source: Internet
Author: User
Keywords Real estate China China International Monetary Fund
Tags asset cost formation international monetary market market fundamentals media media reports
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December 15 Afternoon News According to foreign media reports of the IMF Permanent Representative of China Vivek Aurora pointed out that China's real estate market fundamentals are strong, which curbed the risk of asset bubbles formation. Vivek Aurora, a Permanent Representative of the International Monetary Fund to China, said in a Bloomberg interview 14th that China's real estate prices have been rising after a long decline, and that affordability has been improving, so for low-cost housing, their prices have fallen relative to household incomes, And the government is providing support in the area of affordable housing. Therefore, the real estate market fundamentals are very strong.

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