{"id":106925,"date":"2019-05-08T06:45:05","date_gmt":"2019-05-07T23:45:05","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-millennials-search-for-ways-to-pool-savings-as-property-in-beijing-shanghai-soars-even-further-out-of-reach\/"},"modified":"2019-05-08T08:03:12","modified_gmt":"2019-05-08T01:03:12","slug":"chinas-millennials-search-for-ways-to-pool-savings-as-property-in-beijing-shanghai-soars-even-further-out-of-reach","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-millennials-search-for-ways-to-pool-savings-as-property-in-beijing-shanghai-soars-even-further-out-of-reach\/","title":{"rendered":"China\u2019s millennials search for ways to pool savings as property in Beijing, Shanghai soars even further out of reach"},"content":{"rendered":"


\nLess that a fifth of Chinese millennials \u2013 or those born after 1990 \u2013 have been able to get on the housing ladder without the support of their extended families, focusing a spotlight on the nation\u2019s growing housing crisis where young adults are scrambling to pool together funds to meet deposit requirements.In recent times the practise of pooling savings from family, even among unmarried couples, has become so prevalent that some prospective homebuyers feel disadvantaged when single.According to\u2026
\n
\nSource : South China Morning Post
\nRead more…China\u2019s millennials search for ways to pool savings as property in Beijing, Shanghai soars even further out of reach<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Less that a fifth of Chinese millennials \u2013 or those born after 1990 \u2013 have...<\/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-106925","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-rOB","jetpack-related-posts":[{"id":108809,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rental-demand-soars-as-more-millennials-believe-its-cheaper-than-owning-a-home\/","url_meta":{"origin":106925,"position":0},"title":"Rental demand soars as more millennials believe it's cheaper than owning a home","date":"July 8, 2019","format":false,"excerpt":"\r Apartment demand in the second quarter of this year spiked 11% from a year ago, pushing rents up an average 3% nationally to $1,390 per month, according to real estate software firm RealPage.\r \r Source : cnbc.com\r Read more...Rental demand soars as more millennials believe it's cheaper than owning\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":39413,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/everything-you-know-about-millennial-renters-is-wrong\/","url_meta":{"origin":106925,"position":1},"title":"Everything you know about millennial renters is wrong","date":"January 2, 2017","format":false,"excerpt":"\r Well, at least most of it These millennials say, \u2018Happy New Year!\u2019 Anchiy\/Shutterstock Millennials, the generation loosely defined as born between 1980 and 2004, are at the prime of their lives. They are already the largest generation in many countries\u2019 work-forces. But where their predecessors, the Baby Boomers and\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":144483,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-property-stimulus-bazooka-fuels-instant-rebound-in-sentiment-as-inquiries-home-sales-in-shanghai-beijing-jump\/","url_meta":{"origin":106925,"position":2},"title":"China\u2019s property stimulus bazooka fuels instant rebound in sentiment as inquiries, home sales in Shanghai, Beijing jump","date":"May 22, 2024","format":false,"excerpt":"\r Prospective homebuyers are visiting showrooms in droves while transactions have revived, according to agents, soon after Beijing unveiled its most aggressive measures to revive the housing market.\r \r Source : South China Morning Post\r Read more...China\u2019s property stimulus bazooka fuels instant rebound in sentiment as inquiries, home sales in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":144477,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/1-in-3-millennials-gen-zers-plan-to-tap-into-retirement-savings-to-buy-a-home-they-really-shouldnt-advisor-says\/","url_meta":{"origin":106925,"position":3},"title":"1 in 3 millennials, Gen Zers plan to tap into retirement savings to buy a home. They 'really shouldn't,' advisor says","date":"May 22, 2024","format":false,"excerpt":"\r While tapping into your 401(k) savings to buy a home may seem like an investment, it can really hurt you. A 401(k) loan may be better, but it has it's own risks.\r \r Source : cnbc.com\r Read more...1 in 3 millennials, Gen Zers plan to tap into retirement savings\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":47197,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-second-tier-cities-next-in-line-for-property-boom-says-shanghai-developer-cifi\/","url_meta":{"origin":106925,"position":4},"title":"China\u2019s second-tier cities next in line for property boom, says Shanghai developer CIFI","date":"March 8, 2017","format":false,"excerpt":"\r China\u2019s housing boom is shifting from its biggest cities such as Beijing and Shanghai to provincial capitals, said Shanghai property developer CIFI holdings after the company posted a 28 per cent growth in 2016 full year net core profit. First-tier cities are gradually transforming into markets dominated by leasing\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":102550,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-do-shanghai-and-beijing-defy-chinas-property-slowdown\/","url_meta":{"origin":106925,"position":5},"title":"How do Shanghai and Beijing defy China\u2019s property slowdown?","date":"December 27, 2018","format":false,"excerpt":"\r Overseas investors\u2019 surging investment in commercial properties in China\u2019s top cities has helped Shanghai and Beijing defy the credit tightening and market slump to sustain their high transaction volumes this year, a trend that is expected to extend into 2019, according to property consultants. 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