It is my view that going forward, until this last collapse has been forgotten, housing is going to revert to its trend line growth of 2-3% per year.

FORBES: Home Prices Poised To Move Higher As Fear of Losses Has Dissipated

Goldman said it expects that once policy is loosened, growth in China will revert to 10% level, leading the bank to keep its 2011 GDP forecast unchanged at 10%.

FORBES: Goldman, A China Cheerleader, Tones Down Its Cheers