The real estate bubble has made prices beyond unaffordable, but even a simple solution like a property tax could be a dire threat to the economy.
PROPERTY
Property demand remains high in China despite measures to cool sector | Video
China has implemented a series of measures to cool its property prices, as it aims to clean up irregularities in the industry and address the concerns of young buyers. However, there is no stopping …
China’s Slow Bond Sales Will Delay Expected Infrastructure Boost
The slow pace of borrowing by local governments in China and curbs on the property market mean the economy will receive less of a boost this year from infrastructure investment than initially thought.
China Needs Property, Inheritance Taxes to Realize ‘Common Prosperity,’ Expert Says
China will need property and inheritance taxes to achieve the “common prosperity” that President Xi Jinping spoke of at a finance and economic meeting yesterday, according to a leading expert in …
The billionaire founder of China’s most indebted developer resigns as chairman of its real estate arm.
News of Xu Jiayin’s departure sent Evergrande’s shares tumbling and was another sign of Beijing’s efforts to rein in corporate debt.
China’s property investment up 12.7% in Jan.-July
China’s investment in property development rose 12.7 percent year on year in the first seven months of this year, data from the National Bureau of Statistics (NBS) showed Monday. Compared with the …
China’s new home price growth slows as speculative curbs bite
China’s new home prices rose at the slowest clip in six months in July, as authorities further tightened rules in the red-hot property sector, including limits on some categories of purchases. Average …
China’s property investment up 12.7 pct in Jan.-July
China’s investment in property development rose 12.7 percent year on year in the first seven months of this year, data from the National Bureau of Statistics showed Monday. Enditem …
China Jan-July property investment up 12.7% y/y, slowing from H1
Real estate investment in China rose 12.7% in January-July from a year earlier, cooling from a 15% gain seen in the first six months, official data showed on Monday.
China Halts Approvals for New Residential Real Estate Funds
China is halting private equity funds from raising money to invest in residential property developments, turning off the spigot on one of the last stable funding resorts for the struggling sector.The …
China’s property market is still healthy despite regulatory crackdown, says Knight Frank
Martin Wong of Knight Frank says China’s property regulations are meant to stop unnecessary speculation in the market. He expects first-tier Chinese cities to face more restrictive speculation because …
China’s antitrust regulator starts review of Blackstone’s US$3 billion acquisition of property firm Soho China
China’s antitrust regulator has started its review of a general offer by US private-equity firm Blackstone Group to take control of property developer Soho China, a necessary step needed for the US$3.
Why China Could Be Serious About a Property Tax Now
Private home ownership in China only began in 1998, yet prices have skyrocketed so much that a place to call their own is becoming increasing unaffordable for many people. The government has tried for …