Wenzhou Housing Suffers Crushing Price DropOnce China’s most popular hub for real estate investment, the coastal city of Wenzhou has seen a significant drop in housing prices in recent months.Friends Read FreeSaveA boy looks at building models in a housing exhibition on Nov. 29, 2008 in Wenzhou of Zhejiang Province, China. Real estate prices have dropped precipitously in the city recently. (China Photos/Getty Images)By Gao Zitan12/10/2012Updated: 10/1/2015Print