1/4
This story doesn't change much, does it? Real estate prices in China's 70 largest cities rose month on month by 0.48% in April, after rising 0.41% in March. This is an annualized 5.9% for April and 5.5% for the past two months.
bloomberg.com/news/articles/…
This story doesn't change much, does it? Real estate prices in China's 70 largest cities rose month on month by 0.48% in April, after rising 0.41% in March. This is an annualized 5.9% for April and 5.5% for the past two months.
bloomberg.com/news/articles/…
2/4
With deposits at 0.35%, and government bonds yielding between 2.6-3.2% (1-year to 10-year), even low rental yields of roughly 2% make buying an apartment seem a good investment. Beijing has been growling about surging real estate prices for years, and more than...
With deposits at 0.35%, and government bonds yielding between 2.6-3.2% (1-year to 10-year), even low rental yields of roughly 2% make buying an apartment seem a good investment. Beijing has been growling about surging real estate prices for years, and more than...
3/4
ever recently, even threatening a real estate tax, but until regulators implement sharper-toothed measures — which of course if credible will almost certainly cause prices to fall — there is little they can do to prevent ever more speculation in Chinese real estate.
ever recently, even threatening a real estate tax, but until regulators implement sharper-toothed measures — which of course if credible will almost certainly cause prices to fall — there is little they can do to prevent ever more speculation in Chinese real estate.
4/4
The bad census data last Tuesday — and the widespread belief that high apartment prices are one of the main reasons young couples won't have children — may finally be enough to force Beijing's hand, but there is no good or easy way to keep prices from rising sharply.
The bad census data last Tuesday — and the widespread belief that high apartment prices are one of the main reasons young couples won't have children — may finally be enough to force Beijing's hand, but there is no good or easy way to keep prices from rising sharply.
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