Every day we read in the media all sorts of property data, research findings and market forecasts. They come from different organisations, authorities, industry stakeholders or government departments.
Have you ever wondered how these people come up with those numbers and insights? How reliable are the information and data they provide? Can you trust the official property data released by the government?
I will share with you how the Chinese provincial governments manipulated property price data to show perpetual market growth that fooled all the western media except the Chinese themselves.
We are going to discuss the following in this video:
1) Why market predictions are inaccurate?
2) How authorities come up with their data?
3) Why no property data is 100% correct?
You can now watch the podcast below. If you want to read the script, turn on the “cc” button – the leftmost button at the bottom right hand corner …