I see what you are getting at. So you do not think that they have the ability to maintain the bubble? I just figured with another 900 million odd people still in the potential market for new housing that they could continue pushing QE driven housing investment for the foreseeable future as long as mfg and infrastructure investment kept growth apace to continue luring people to more urban areas.

Though I admit its a weakly held view, as I said there is a lot I do not understand about Chinese dynamics at play.

For who could be free when every other man's humour might domineer over him? - John Locke (2nd Treatise, sect 57)