Sourced From: http://www.millersamuel.com/china-a-housing-market-without-re-sales/
I just returned from China for the second time in a little over a year and have yet been able to make sense of their domestic housing market. I am not talking about their must discussed housing bubble phenomenon or whether they have a housing bubble in the truest sense. I am talking about what seems to be a lack of a re-sale market.
After years of communist rule, the concept of home ownership in China is relatively new and appears to be in its early stages of development. Because g…
Sourced From: http://www.millersamuel.com/china-a-housing-market-without-re-sales/
I just returned from China for the second time in a little over a year and have yet been able to make sense of their domestic housing market. I am not talking about their must discussed housing bubble phenomenon or whether they have a housing bubble in the truest sense. I am talking about what seems to be a lack of a re-sale market.
After years of communist rule, the concept of home ownership in China is relatively new and appears to be in its early stages of development. Because g…
