San Francisco real estate feels chill of China’s economic tailwinds

Although the slowdown in China’s economy apparently has reached across the Pacific to San Francisco’s residential real estate market, the city’s astronomical housing prices also play a major role. “We’ve seen a sharp drop over the last three years in search activity on Trulia, about 50 percent” by Chinese buyers, Ralph McLaughlin, chief economist for the… Please follow and like us:

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More US business economists see ‘downside’ economic risks

Amid uncertainty over President Donald Trump’s growth agenda, US economists increasingly are worried about risks to the economy, though they see little chance of a recession near term, according to a survey released on Monday. The National Association for Business Economists quarterly survey showed little change in the forecasts compared with June in key areas such… Please follow and like us:

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Amid Economic Slowdown, China Faces Challenge of Creating Quality Jobs

The Chinese government says it intends to create 50 million new urban jobs by 2020 and cap unemployment at five percent. But analysts say that while 10 million jobs a year shouldn’t be difficult, creating good jobs with satisfying income growth in a slowing economy will be challenging. And keeping unemployment down will be hard as… Please follow and like us:

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