Susan Osman invites guests to talk about China's real estate industry. Why are bank loans an unpopular payment option? What measures are being taken to avoid a real estate buble? Future industry trends?
Since the foreign direct investment in China went down the hill at October last year, many have questioned whether the government will ease some restriction on foreign investment in the real estate sector.
Shanghai Daily reports sales of new homes in the city has soared nearly 70 percent during the first half of this year. Another indication that Chinese real estate price have boomed is when a piece of land in Beijing recently went for a record five hundred and 85 million dollars.
Since the Dubai Crisis last year, China's real estate industry has become the focus of attention. China's Prime Minister Wen Jiabao says housing prices in some areas and cities have increased too fast and that the government needs to control the situation.
Survey company Data 100 asked people for thoughts on the real estate market, through a numbers of questions, and we've got two for you today.
In the heat of China’s housing crisis, more and more unusual stories are popping up, many of them concerning unscrupulous practices by real estate developers and agents.
But it’s not always sharp practice that has house-buyers hot under the collar – sometimes sheer incompetence can have equally far reaching effects. BON’s Tony Zhou has more.