Property News · November 8, 2016

Elections in 2018 may pose a threat to China’s property market


Home prices and transaction volumes in China will face some pressure next year but 2018 is the time to start worrying, according to Shao Mingxiao, chief executive of Longfor Properties.
He said the country’s leadership elections in two years pose a potential threat to the property market because it is so sensitive to policy change.
“China’s real estate market has roughly a three-year cycle. In the past, 2005, 2008, 2011 and 2014 were the industry lows, so there will be…

Source : South China Morning Post
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