Property News · January 3, 2017

Shenzhen’s meteoric housing market to slow in 2017, but risk of a bubble remains, analysts say


The pinnacle of China’s booming property market can be seen at its southern tip in Shenzhen, the country’s own “Silicon Valley”.
People from all over China are drawn to this mecca of technology, with start-ups and companies rapidly developing capabilities for internet and financial services, automation, robotics, artificial intelligence, and virtual reality.
This has turned Shenzhen into an immigration city where over 90 per cent of its residents are non-local, according…

Source : South China Morning Post
Read more…Shenzhen’s meteoric housing market to slow in 2017, but risk of a bubble remains, analysts say