With the world emerging economies such as China, Brazil and India taking their global share of the cake in terms of property development, many countries especially in the west and North America are slowing their ride. The economic boom in china fueled by rampant export manufacturing has by many accounts raised the living standards considerably.
This has further sparked the need for houses of the billions of people in the country which has consequently boomed and revolutionized the property development industry in the country. The same has been repeated in china’s main competitors; Brazil and India. (Press Release)