Have Property Cooling Measures Lost Their Punch?
"Why do cooling measures lose their potency? 1. Buyers tend to adapt to each measure; 2. Continued income and wealth growth of buyers from Q3 2013 to Q2 2017; 3. Prospect of wealth preservation and price appreciation" "So how long does it take before cooling measures lose their punch? It depends on the economic fundamentals, major events, and the geopolitical situation on the global front. There had been times when…