Markets for residential property income of East Asia's most expensive cities are slowing down. The U.S.-China trade war is one factor, along with local controls and a mainland Chinese economy applying the brakes.
The housing crisis that made headlines during the Great Recession is proving far more persistent than the common narrative about over-priced coastal market allows. A new report by the Center for American Progress uncovers the facts on the ground.
A new report finds that "house flipping"—one of the more conspicuous signifiers of the last real estate boom—has slowed on average in recent months. Does that mean the residential market has found a sane balance?