Property market expected to face shortage of land.

By bne IntelliNews September 30, 2010
China is likely to struggle to keep a lid on its property market as urbanisation piles pressure on the major coastal cities, making land scarcer and driving up prices. As reported by Reuters News, international real estate consultancy DTZ Asia Pacific Chairman Leung Chun-ying stated that the speed of urbanisation is very fast, and they are running out of land.

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