Beijing has the strictest restriction on property purchase in the world. Its property prices had been declining for two years before 2020. It has had no new pol

Beijing has the strictest restriction on property purchase in the world. Its property prices had been declining for two years before 2020. It has had no new policies regarding real estate and loans since 2017. Yet its property prices has been rising since 2020, several months after the infinite QE the US starts.