Your English writing platform
Discover LudwigExact(1)
In the 125-page report on China's financial system, the I.M.F. said that state controls over the economy were partly to blame for soaring property prices, excessive bank lending and mounting local government debt, and that these were among the growing risks that threatened to undermine the country's economic boom.
Similar(59)
But above all, excessive demand plus various gentrification projects are causing property prices to sky-rocket (buying an apartment in Paris now costs an average of €8,000 (£6,600) per square metre).
But the housing boom is grounded in rising prosperity rather than excessive debt.In select parts of Brazil's big cities, property prices are certainly racing ahead.
For instance, soaring property prices can encourage households to borrow too much and save too little, and can pull excessive resources into property at the expense of other forms of investment.More fundamentally, if inflation is defined as "changes in the value of money", then the consumer-price index is flawed because it only measures the prices of current consumption of goods and services.
"Excessive growth in the supply of credit can initiate inflation or froth in property prices, which may eventually cause bad debts and increase financial risk," the central bank warned in a statement on Monday.
"Property prices are unbelievable.
Property prices are up.
Property prices".
Stock prices and then property prices plunged.
However, commercial property prices rise.
Residential property prices have soared.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com