Odd News
'Divorces hiking housing prices'
(China Daily)
Updated: 2010-01-13 09:35
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A marketing guru feels the high rate of divorce in the country is responsible for skyrocketing property prices.
Li Guangdou, said at a summit, which a number of real estate magnets attended, on Tuesday, 10 million couples were entering into matrimony each year. "Almost half of them end up with divorces and separate houses, which is what increased the property prices," he said.
