Homes Go Fast
Homes Go Fast

Overseas property...

View information on...

Homes Go Fast UK Property for saleMember Login Overseas Mortgage quote hereForeign Currency

Property News Updates

Receive Weekly News Updates to Your Inbox

Enter your Email


*we never pass your details on to third parties

Homes Go Fast

Property Sales Enquiry Line

For UK Residents call free on:

0800 043 00 96

For visitors out of the UK call:

+44 207 099 33 92

*property references are required

Homes Go Fast

Overseas property insurance

Overseas property news

We are dedicated to bringing the best and most up to date overseas property news to you daily, why not sign up for news alerts by email.

 

     Overseas Property You Tube

         

Overseas Property

 

 

Homes Go Fast

Concerns over Property prices in China

 
 
 
Social Bookmark

Overseas property investors were lining up to invest in property in China until government concerns about foreigners pushing up property prices sparked increased regulation. Now it is clear that ordinary Chinese property buyers are deeply concerned by the countries property price rises. Forbes reveal that the definite winners in the Chinese real estate market appear to be Chinese property agents and investors.
 
Increasing regulation aims to slow the market down
China has introduced more than a dozen guidelines, and aimed at dampening demands for Chinese property. Some measures hope to control credit, such as higher deposit-reserve ratios. Some squeeze down the profit margin for investors, such as a new business tax. Some new rules ensure land supply and some lay down plans to construct more affordable houses for the low-income.
 

              

Shanghai a city of cranes
China economic growth is stunning and overseas property investors want to be part of the action. Shanghai is a prime example of the Chinese property boom. It has seen some intense development in fact before 1992 Shanghai did not have any structures higher than seven stories. Shanghai is now the home of 2500 high rise buildings, including the third largest building on earth. The GDP in Shanghai is seven times the one of the rest of China and far above the average of most countries in Latin America or Mexico.
 
Chinese airports another sign of expansion
The CAAC estimate that by 2010 Chinas airports will handle 500 million passengers. China airports are set to handle this rise in capacity with a series of expansion projects already underway. Beijing Capital International Airport is expanding with a third passenger terminal. The brand new terminal will be finished before the 2008 Olympics and will be able to handle 60 million passengers.
 
Bigger Chinese airports
Baiyun International Airport has already received the Chinese expansion treatment. Shanghais Pudong airport is receiving a second terminal with more planned in the future. The Xianyang International Airport in Shaanxi has ambitious plans for a new runway and terminal.
 
 
China economic growth boasts:
 
  • The fastest growing economy in the World with GDP growth at 9% p.a. for 21 years. (World Bank)
  • Incomes in urban China are up an average of 8% a year since 1998. (Business Week)
  • The government is committed to maintain just above but no less than 7% GDP growth p.a. till 2020
  • Foreign Direct Investment increases at 26% p.a. for last 14 years. (US-China Business Council)
  • Host of 2008 Olympic Game, 2010 World Expo, and many more international events.
 
Survey tells of worrying times
 
The Social Survey Institute of China survey aimed at finding out just how concerned Chinese house buyers were about the price rises in China. The survey found
  •  82% of respondents feel housing prices are too high and have created a bubble industry. They might wish it were a bubble industry...if only it would pop.
  • 68% say they cannot afford the prices
  • 23% say they can find the money but....they would need to become slaves to their house.
  • 46% wishfully think the prices will drop - there are ALWAYS more people in China than there are housing units. Prices will NOT drop.
  • 33% blame the government
  • 36% blame property dealers
  • 23% blame the problem on supply and demand.
 
 
Chinese property agents cashing in on market
 
The 2006 China Forbes Millionaire List has 20 of 50 people cited real estate as their core industry or one they make money from. The Huren Millionaires List has 6 of the top 10 rich people in China directly involved in real estate and two more listing real estate as an important business sector.
 
Special Report
Forbes 40 China
New Year not in China
The Chinese New Year also known as the Lunar New Year or the Spring Festival is the most important of the traditional Chinese holidays.
Chinese New Year:
Falls on Sunday, February 18 in 2007
Falls on Thursday, February 7 in 2008

China real estate- useful web sites and resources

 

    

 

 

 

The Home of Overseas Property

Buying selling investing your in the right place!

Foreign Currency Advice

Investment property
Free property finder service Overseas property developers
Overseas mortgages Real estate agent services
International property lawyers Selling property privately
   

 

We Can Distribute Your News

We put our clients news in front of thousands of people each day

Our news service includes distribution to Google News, our own network and 50 press release web sites all from one place

Learn more:HomesGoFast.com News Service

 

Overseas Property News

International real estate news

Our overseas property news is updated daily and written by a team of researchers dedicated to providing quality news. Many of our contacts in the overseas property market provide us with news and a variety of other news sources.

 

Overseas Property For Sale

Our top overseas property investment hot spots

  Spain   France   Portugal   Bulgaria   Cyprus   Turkey   Italy   Malta   Greece   Egypt   United States   Brazil   Morocco   Thailand   Hungary   Germany   Dubai   Cape Verde   Dominican Republic   Poland

Homes Go Fast
  Morocco   Thailand   Hungary   Germany   Dubai   Cape Verde   Dominican Republic   Poland   Venezuela   Barbados   Panama   Romania   Croatia   Gibraltar   Saint Lucia   Montenegro   Canada   Slovakia   Israel   United Kingdom   Lithuania   Malaysia   Argentina   Albania   New Zealand   India   Mexico   Czech Republic   Costa Rica   Latvia   Uganda   Australia   Slovenia   South Africa   Bahamas   Estonia   Kenya   Switzerland   Belize   Saint Vincent and the Grenadines   Indonesia   Philippines   Jordan   Saint Helena   Trinidad and Tobago   Uruguay   Ireland   Mauritius   Nicaragua   Antigua and Barbuda   Gambia   Tunisia   Finland   Jamaica   Qatar   Turks and Caicos Islands   Mongolia   Ukraine   Anguilla   Grenada