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E-House China: Not All Housing Is Weak

I happen to invest in real estate in China. In the last 6-12 months, the goverment is raising mortgage lending rates trying to curve the bubble in both real estate and the economy. As a result, even though the prices have gone up, the sales volumn is way down and lot of property agents are going out of business. EJ may be posting good numbers right now but I do not think that will continue. So be cautious about the stock!