Notwithstanding that problem, major imbalances in Chinese property markets should prove to be the exception over the next two decades.  While there could be supply-demand mismatches in any given year, with an average of roughly 15 million citizens a year slated to move from the countryside to newly urbanized areas, demand should rise to meet supply.  Meanwhile, there are encouraging signs that property inflation is now cooling: For 46 of 70 major Chinese cities, property prices either declined or stayed flat in August 2011 compared with 31 cities that reported similar conditions in July.