Background: The NBS and Nielsen survey also found that in the second quarter, consumers in major cities expecting property prices to fall outnumbered those anticipating a further rise. Full story >>
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Now let's get back to Mitch Barns, president of Nielsen Greater China, for analysis.
Q1. We see the majority of urban residents are expecting housing prices to fall in the coming year. Does this indicate the recent government control measures are working, or just that people believe they eventually will?
Q2. But in the meantime, we also see rural residents expecting the housing prices to go up. How do you interpret this discrepancy?