{"id":129159,"date":"2022-08-28T05:45:12","date_gmt":"2022-08-27T22:45:12","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-lack-of-a-property-tax-left-china-open-to-a-housing-bubble\/"},"modified":"2022-08-28T06:22:06","modified_gmt":"2022-08-27T23:22:06","slug":"how-lack-of-a-property-tax-left-china-open-to-a-housing-bubble","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-lack-of-a-property-tax-left-china-open-to-a-housing-bubble\/","title":{"rendered":"How lack of a property tax left China open to a housing bubble"},"content":{"rendered":"


\nLocal governments\u2019 reliance on a hot property market to sell land and cheap, available credit have been blamed for the bubble, but other factors have been at play. Even a property tax as low as 0.5 to 1 per cent could have helped prevent the bubble that is disrupting China\u2019s economy from forming.
\n
\nSource : South China Morning Post
\nRead more…How lack of a property tax left China open to a housing bubble<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Local governments\u2019 reliance on a hot property market to sell land and cheap, available credit...<\/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-129159","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-xBd","jetpack-related-posts":[{"id":84324,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-revives-long-stalled-property-tax-to-combat-housing-bubble\/","url_meta":{"origin":129159,"position":0},"title":"China revives long-stalled property tax to combat housing bubble","date":"April 1, 2018","format":false,"excerpt":"\r Wealthy homeowners have repeatedly blocked progress, but momentum is building\r \r Source : ft.com\r Read more...China revives long-stalled property tax to combat housing bubble","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":52690,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/central-china-real-estates-hu-says-3rd-4th-tier-cities-not-in-a-housing-bubble\/","url_meta":{"origin":129159,"position":1},"title":"Central China Real Estate's Hu says 3rd, 4th tier cities not in a housing bubble","date":"April 24, 2017","format":false,"excerpt":"\r Central China Real Estate's Hu Baosen said oversupply of housing units in second- and third-tier citing in China is not a bubble.\r \r Source : cnbc.com\r Read more...Central China Real Estate's Hu says 3rd, 4th tier cities not in a housing bubble","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":27797,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/magnate-warns-of-china-property-bubble\/","url_meta":{"origin":129159,"position":2},"title":"Magnate warns of China property \u2018bubble\u2019","date":"September 29, 2016","format":false,"excerpt":"\r Concerns about overheating housing sector fail to curb rise in real estate prices in September\r \r Source : ft.com\r Read more...Magnate warns of China property \u2018bubble\u2019","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":39462,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shenzhens-meteoric-housing-market-to-slow-in-2017-but-risk-of-a-bubble-remains-analysts-say\/","url_meta":{"origin":129159,"position":3},"title":"Shenzhen\u2019s meteoric housing market to slow in 2017, but risk of a bubble remains, analysts say","date":"January 3, 2017","format":false,"excerpt":"\r The pinnacle of China\u2019s booming property market can be seen at its southern tip in Shenzhen, the country\u2019s own \u201cSilicon Valley\u201d. 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,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":98722,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-worlds-most-overvalued-housing-market-greatest-risk-of-bubble-says-ubs\/","url_meta":{"origin":129159,"position":4},"title":"Hong Kong, world\u2019s most overvalued housing market, greatest risk of bubble, says UBS","date":"September 28, 2018","format":false,"excerpt":"\r Hong Kong remains the world\u2019s most overvalued housing market and is at the greatest risk of a property bubble, according to UBS Global Wealth Management on Thursday. Besides Hong Kong, property values over the past year also soared in Munich, Toronto, Vancouver, London and Amsterdam, according to UBS\u2019s Global\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":27465,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-has-least-affordable-housing-remains-at-risk-of-bubble-says-ubs\/","url_meta":{"origin":129159,"position":5},"title":"Hong Kong has least affordable housing, remains at risk of bubble, says UBS","date":"September 27, 2016","format":false,"excerpt":"\r Hong Kong has the least affordable housing among global financial centres featured in a study by UBS, and is at risk of a bubble, despite prices dipping slightly since last year. The city\u2019s residential property has the highest price-to-income among the 18 financial hubs surveyed in the annual UBS\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/129159"}],"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=129159"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/129159\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=129159"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=129159"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=129159"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}