Residential buildings line the streets of Wenzhou. The prices of properties in the city have fallen sharply in recent times. Photo: Imaginechina
Wenzhou a case study of a property market taken over by speculators
Slide of the city's embattled property sector provides policymakers with a sobering view of what can happen when speculators take control
Residential buildings line the streets of Wenzhou. The prices of properties in the city have fallen sharply in recent times. Photo: Imaginechina