Property News · November 1, 2016

What bubble? Experts say extreme distortions in supply-demand are driving up home prices in Beijing and Shanghai


Beyond all the talk of cooling down the credit-driven housing bubble in China, experts say the situation in the nation’s largest cities still comes down to basic supply-and-demand mathematics.
Beijing and Shanghai, cities which have seen a massive population influx, exhibit the biggest distortion in terms of supply and demand for urban land, according to official data.
“The strong home-price rally is by no means a national phenomenon. Instead of thinking of the whole market as a big…

Source : South China Morning Post
Read more…What bubble? Experts say extreme distortions in supply-demand are driving up home prices in Beijing and Shanghai