{"id":101670,"date":"2018-11-26T06:01:22","date_gmt":"2018-11-25T23:01:22","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-american-dream-of-home-ownership-quickly-swept-through-china-but-was-it-too-much-of-a-good-thing\/"},"modified":"2018-11-26T07:02:54","modified_gmt":"2018-11-26T00:02:54","slug":"the-american-dream-of-home-ownership-quickly-swept-through-china-but-was-it-too-much-of-a-good-thing","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-american-dream-of-home-ownership-quickly-swept-through-china-but-was-it-too-much-of-a-good-thing\/","title":{"rendered":"The American dream of home ownership quickly swept through China. But was it too much of a good thing?"},"content":{"rendered":"<p>&#013;<br \/>\nTwo decades ago, a scholar returned to China with a gift from his studies in America \u2013 the dream that an ordinary Chinese family can own a home.<br \/>\nIt was the quintessential American dream. But, in the hands of Meng Xiaosu, who would go on to be known as China\u2019s \u201cGodfather of Real Estate,\u201d it would quickly become the quintessential Chinese dream.<br \/>\n\u201cA friend of mine in the United States told me about their dream \u2013 one home, one car,\u201d Meng recalled in an&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/article\/2174886\/american-dream-home-ownership-quickly-swept-through-china-was-it-too-much\" target=\"_blank\">The American dream of home ownership quickly swept through China. But was it too much of a good thing?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Two decades ago, a scholar returned to China with a gift from his studies in&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-101670","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-qrQ","jetpack-related-posts":[{"id":69530,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/what-will-china-build-in-xi-jinpings-dream-city-it-biotech-new-energy-and-new-materials\/","url_meta":{"origin":101670,"position":0},"title":"What will China build in Xi Jinping\u2019s dream city? IT, biotech, new energy and new materials","date":"October 20, 2017","format":false,"excerpt":"\r Xiongan, the area outside Beijing that was hand-picked by Chinese president Xi Jinping as the dream city for his \u201cthousand-year\u201d plan to transform the capital, will be developed into a high-technology hub and showcase of the country\u2019s latest innovations, said the Communist Party chief of the district. The district\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":51761,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/xiongan-may-lure-us348b-of-capital-as-china-redraws-xis-dream-city-morgan-stanley-says\/","url_meta":{"origin":101670,"position":1},"title":"Xiongan may lure US$348b of capital as China redraws Xi\u2019s dream city, Morgan Stanley says","date":"April 13, 2017","format":false,"excerpt":"\r Xiongan New Area, the Chinese president\u2019s ambitious plan to remake a backwater into a dream city, could lure as much as 2.4 trillion yuan (US$348 billion) of investments over the next decade, adding as much as 0.4 percentage point to China\u2019s economic growth every year, according to a projection\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":110555,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shenzhen-a-blueprint-for-chinese-cities-must-abandon-hong-kongs-property-model-warns-chinas-godfather-of-real-estate-meng-xiaosu\/","url_meta":{"origin":101670,"position":2},"title":"Shenzhen, a blueprint for Chinese cities, must abandon Hong Kong\u2019s property model, warns China\u2019s \u2018godfather of real estate\u2019 Meng Xiaosu","date":"September 7, 2019","format":false,"excerpt":"\r The southern city of Shenzhen, now a blueprint for China\u2019s urban development, should abandon the Hong Kong property model it borrowed decades ago, warned the country\u2019s \u201cgodfather of real estate\u201d.Meng Xiaosu, who spearheaded China\u2019s property reform policies in the 1990s, said Shenzhen and other cities in the Greater Bay\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":95555,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/subsidised-housing-should-help-families-with-lesser-means-to-realise-their-home-ownership-dream\/","url_meta":{"origin":101670,"position":3},"title":"Subsidised housing should help families with lesser means to realise their home ownership dream","date":"August 7, 2018","format":false,"excerpt":"\r Chief Executive Carrie Lam Cheng Yuet-ngor announced a package of six new initiatives on housing in June, once of which involved a new measure on the pricing mechanism of the Home Ownership Scheme (HOS) provided by the Housing Authority. The government proposed that the selling price of HOS flats\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":30221,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/even-owning-a-home-70km-from-shenzhen-is-becoming-a-faraway-dream-for-those-working-there\/","url_meta":{"origin":101670,"position":4},"title":"Even owning a home 70km from Shenzhen is becoming a faraway dream for those working there","date":"October 16, 2016","format":false,"excerpt":"\r Thousands of young professional Chinese couples, unable to afford sky-high housing prices in the country\u2019s first-tier cities, are pouring into neighbouring smaller cities in the hope to finding somewhere affordable to live, while still being able to work in a metropolis. It\u2019s a scenario that played out decades ago\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":134524,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/detention-of-china-fortune-lands-co-president-linked-to-wider-probe-of-chinese-football-officials-reports-say\/","url_meta":{"origin":101670,"position":5},"title":"Detention of China Fortune Land\u2019s co-president linked to wider probe of Chinese football officials, reports say","date":"February 15, 2023","format":false,"excerpt":"\r The detention of Fortune Land\u2019s co-president Meng Jing is connected to a broader probe involving football coach Li Tie and investigation of Chen Xuyuan, the president of the Chinese Football Association.\r \r Source : South China Morning Post\r Read more...Detention of China Fortune Land\u2019s co-president linked to wider probe\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/101670"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=101670"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/101670\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=101670"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=101670"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=101670"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}