China • Real Estate • News
Real estate is a highly political issue in China. Real estate prices have risen rapidly in recent years. Many have bought houses to invest and speculate. As an ordinary wage earner, it is difficult to find affordable housing these days. Housing and rental prices are thus an emotional issue. The new 14th Five-Year Plan promises more affordable housing. Fears about a bursting bubble were long considered unfounded. But with real estate companies and developers like Evergande and Kaiser, a collapse of the Chinese real estate market is looming. The Chinese government is trying to counteract the collapse with drastic rules.
From the real estate crisis to interest payments by real estate companies to restructuring of the real estate industry – read current China real estate news from the Table.editorial team!