Fri, Apr 18, 2014
A A A
Welcome hendrik.absolut
RSS

Real Estate Briefing - Categorized | Market Moves, Residential property Watch more

Deciphering China’s real estate market

Posted on 21 June 2012

China’s skyrocketing housing prices are due to the density of urban population centers and bad state policies. China has seen a steady rise in housing prices since the 1998 property market reform. Some experts have argued that China’s high property prices are a product of its huge population and the need to maintain a large area of land for agriculture, thus restricting the amount of land available for real estate development.
But this concept is incorrect. China only needs 1.07 billion acres out of its current total of 1.8 billion acres of agricultural land to be self-sufficient in food production. Furthermore, housing developments in cities use up relatively little land………………………………………..Full Article: Source

Podcast Play - Download this article   |   Play - Download Full Briefing   |   Subscribe to the Podcast Feed

 Article link

This post was written by:

Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


Contact the author

Comments are closed.

banner
banner
April 2014
M T W T F S S
« May    
 123456
78910111213
14151617181920
21222324252627
282930