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Inflated by high-end speculation and the flow of cheap money, China’s property bubble seems to keep on growing and now it’s nearing its popping point, says the founder of a Hong Kong-based research firm.

[np_storybar title=”China’s housing crackdown may drive cash to Canada’s condo market” link=”http://business.financialpost.com/2013/03/05/chinas-housing-crackdown-may-drive-cash-to-canadas-condo-market/”]A crackdown on real estate ownership in the world’s most populous county might translate into Chinese citizens looking to move more of their money abroad, with Canada a leading destination.

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Gillem Tulloch of Forensic Asia told Reuters the “bubble” will burst in the second half of this year once China stops “injecting ridiculous amounts of credit into the economy.”

The Chinese government announced plans earlier this month aimed at calming the country’s property sector, including steeper down payments on second-time home buyers and a new capital gains tax.