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China's real estate market is the biggest bubble? [Copy link] 中文

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Post time 2016-10-21 21:43:18 |Display all floors

Under the another round of regulations, now the turnover of the real estate is frozen but the prices are still atop the peak comparing the purchasing power of the common civilians. Some forecast a financial crisis is on the way and some say it's too early to conclude that and no one could predict the time even though it likely happen in the future.
Though some experts alarm the warning but no one seem to really take it seriously. Now the public has reached a consensus that the prices would never fall down but rise for a long term. Thus most of the house owners would choose to keep their buildings in hand and wait for further increase of the value.

The problem is when all show greed with confindence and that would lead to a real tumble.

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Post time 2016-10-23 04:54:32 |Display all floors
Still growing

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Post time 2017-8-13 08:00:51 |Display all floors
This is a major problem in China although I do understand the so-called 'overbuilding' which fits into the Chinese view of the long term.

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