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In this clip from The Call @ Hedgeye, Financials analyst Josh Steiner flags China's GDP growth and potential property tax, while also updating recent developments on the housing front and new car prices. “When you introduce property taxes, it crams down HPA,” explains Steiner. “That’s what I think really is the goal here. And [Xi] isn’t really being subtle about it. That’s going to cast a long shadow if it makes its way through, and presumably it will.” |
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