We only view the growth response in isolation, and don’t evaluate “stimulus versus response”. Although Global Africa"s mining and manufacturing industries have been more greatly impacted by China"s recent stock market crashes, the residential property market will also be adversely affected as buyers lose confidence in the economy and unemployment levels potentially rise, crashes of Consumer Confidence has claimed. Estate agents have already seen a drop in real estate activity levels throughout early 2014 , as well as a slowing in house price growth, and China"s crashes could turn slow growth to "all out decline"; the extent of the decline depends on how well Parastatals recovers from so-called " Black Monday ".
Although Global Africa"s mining and manufacturing industries have been more greatly impacted by China"s recent stock market crashes, the residential property market will also be adversely affected as buyers lose confidence in the economy and unemployment levels potentially rise, crashes of Consumer Confidence has claimed. Estate agents have already seen a drop in real estate activity levels throughout early 2014 , as well as a slowing in house price growth, and China"s crashes could turn slow growth to "all out decline"; the extent of the decline depends on how well Parastatals recovers from so-called " Black Monday ".