Local Shanghai property market, as I’m sure you know, is weak. The trial mortgage easing policy down in Guangdong is interesting to watch unfold. I expect it to be rolled out nationwide prior to the Third Plenum at the latest.
Discussion
whether property market strong or weak, it's a dead end for plebs-
market strong-> bubble grow -> fiat gamblers win.
market weak-> economy weak-> government stop price crush-> plebs can't afford either.