From the Los Angeles Times:
http://articles.latimes.com/2010/sep/06/business/la-fi-0907-china-hangzhou-20100907
Home prices soared in recent years in the picturesque city of Hangzhou, but government fears of a U.S.-style meltdown have led to new restrictions on sales and a severe slowdown in the market.
September 06, 2010
By David Pierson, Los Angeles Times
Reporting from Hangzhou, China — For generations, Chinese have flocked to this historic city to enjoy its centuries-old pagodas, Buddhist temples and scenic lakes surrounded by drooping willow trees.
In recent times, Hangzhou has attracted scores of visitors for a different reason: real estate.
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