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| Thursday, August 28, 2008 19:58:17 |
Guo Jun: The tendency for high and rising housing prices will not change
Government efforts to cool the property sector have had little effect. Guo Jun, the chairman of the SOMO Real Estate Group and a columnist for China Real Estate News, argues on sina.com that the government first needs to address the conflict between property's role as a commodity and as a cornerstone of the nation's welfare requirements.
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