The Chinese real estate market is worth billions of dollars if developed. But they should also be aware of the so called real estate bubble due to capitalism of the communists. perth property
I agree with the previous comment. Chinese real estate is continually booming. They are in the process of making their real estate market more competitive as much as possible. Real estate bubble can be prevented if capitalism will never be rolled out.
China is a strong country and I am hoping that it would not affect them much if ever a real estate bubble would hit them. Although I hope they would not experience this. These are smart businessmen and I think they are ready for anything that might happen. home owners insurance company
Another thing concerning the real estate market is the quality of the buildings itself, which is to no great surprise extremely low. I would put the average 'half life' of a Chinese building at 10-15 years, if you're lucky. I know what I'm talking about, I'm living in one right now. The average cost of building including land is about 350$/m2. Sales price ten times as much and more. There is no relationship there whatsoever....tip of the iceberg :) rx pharmacy
The Chinese real estate market is worth billions of dollars if developed. But they should also be aware of the so called real estate bubble due to capitalism of the communists.
ReplyDeleteperth property
I agree with the previous comment. Chinese real estate is continually booming. They are in the process of making their real estate market more competitive as much as possible. Real estate bubble can be prevented if capitalism will never be rolled out.
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China is a strong country and I am hoping that it would not affect them much if ever a real estate bubble would hit them. Although I hope they would not experience this. These are smart businessmen and I think they are ready for anything that might happen. home owners insurance company
ReplyDeleteAnother thing concerning the real estate market is the quality of the buildings itself, which is to no great surprise extremely low. I would put the average 'half life' of a Chinese building at 10-15 years, if you're lucky. I know what I'm talking about, I'm living in one right now. The average cost of building including land is about 350$/m2. Sales price ten times as much and more. There is no relationship there whatsoever....tip of the iceberg :)
ReplyDeleterx pharmacy