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Chinese Property News

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Guo Chunping rues her 15 minutes of fame
Jan 14, 2011 (WiC 91)

According to China’s dominant internet search engine, the most popular phrase typed into its Baidu Knows service last year was: “What should I do if my girlfriend refuses to marry me because I don’t have an apartment under my ...

Why 2011 could be the year property prices finally fall
Dec 3, 2010 (WiC 88)

For the last five years, property in China has been a winning bet. Investors have been buying up apartments when they can afford to, flipping them for a higher price, and then buying again. It has led to a long-running boom, with home prices at ...

Cheaper housing on the way?
Oct 8, 2010 (WiC 81)

China’s housing market is full of paradoxes. For instance, after the government launched measures aginst property speculation in mid-April, transaction volumes fell in some cities. Analysts believed it was the prelude to a substantial drop in ...

Laying down the law

China’s tough new measures to lower house prices (hopefully)
Oct 8, 2010 (WiC 81)

Patience is not normally a virtue in politics. So perhaps it shouldn’t come as a surprise that – with regard to the property market – Beijing has finally run out of it. Fed up that previous measures have not curbed speculative activity as ...

Why even two year-olds are buying property
Sep 17, 2010 (WiC 78)

Talk about getting onto the property ladder at a young age. She may still be in nappies, but China’s youngest homeowner is grabbing the headlines. The two year-old, called Niu Niu, has just spent Rmb4 million on a luxury villa in Nanjing, the ...

Just how many Chinese flats are vacant?
Sep 3, 2010 (WiC 76)

Chinese statistics are notoriously unreliable. But a revelation from the National Bureau of Statistics (NBS) last week that there were problems with property price data in Shanghai was particularly worrying. The NBS revealed that property ...

A very flat market

Efforts to rein-in Beijing property work – too well
Jun 4, 2010 (WiC 63)

Only a few weeks ago, the main worry among Chinese policymakers was the risk of a property bubble. These days, the talk around the water-coolers is that the government’s latest measures to rein in soaring home prices might have been too ...

Real estate scam

Corrupt officials blamed for high property prices
May 14, 2010 (WiC 60)

China’s ebullient property market is generating plenty of tales of woe: a woman dousing herself in gasoline trying to stop developers from flattening her home; single men rejected by women because they can’t afford to buy; and university ...

Falling flat at 30

Mortgages outlast the buildings they pay for
Apr 16, 2010 (WiC 56)

"We found cracks in the living room walls the second year we moved in,” Guo Fan, a 30-year-old homeowner in Beijing, told the China Daily. “We call the real estate company every year to fix the problems… They told us that these are not big ...

Out of carrots, time for sticks

Government moves to rein in property speculation by state-owned firms
Mar 26, 2010 (WiC 54)

There is a Chinese idiom that goes: “The sky is high and the emperor is far away.” In the days when emperors ran China, the meaning of the phrase was self-evident to every ambitious bureaucrat: the further you are from the ruler, the greater ...

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