China’s efforts to beat back coronavirus led to widespread travel restrictions and shutdowns. But it appears to have been just a hiccup for the property boom in its biggest cities. Home prices continue to rise higher and units are flying off the shelves again. More money was invested last month in Chinese real estate than any other month recorded, according to the Wall Street Journal. One estimate found Shanghai apartment resales approached a record high
source https://therealdeal.com/2020/07/19/there-are-fears-of-a-great-housing-bubble-in-china/
No comments:
Post a Comment