Big believer in real estate now a skeptic due to sluggish sales

When the economy slows, housing sector slackens too, tycoon says

Real estate tycoon Ren Zhiqiang never seems to be afraid to air his views, often in strong terms, and when he airs them, a lot of people sit up and take notice.

But one of Ren's recent prognostications has drawn more interest than usual because he seems to have had a complete change of heart on where the Chinese property market is heading.