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China home prices plunge the most in 8 years

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(ZEROHEDGE) – While China keeps regurgitating the same tired and trite line about an « imminent » fiscal and housing stimulus, which reportedly is in the « trillions » of yuan, yet which to date is entirely imaginary and never actually materalizes, its housing market continues to crater and will soon reach a point where a depression is unavoidable…
While China keeps regurgitating the same tired and trite line about an « imminent » fiscal and housing stimulus, which reportedly is in the « trillions » of yuan, yet which to date is entirely imaginary and never actually materalizes, its housing market continues to crater and will soon reach a point where a depression is unavoidable … at which point the all too real stimulus to reboot the economy will be in the tens of trillions.

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