{"id":39015,"date":"2016-12-26T11:24:59","date_gmt":"2016-12-26T04:24:59","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/amid-beijings-sky-high-home-prices-parents-go-underground\/"},"modified":"2016-12-26T11:36:23","modified_gmt":"2016-12-26T04:36:23","slug":"amid-beijings-sky-high-home-prices-parents-go-underground","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/amid-beijings-sky-high-home-prices-parents-go-underground\/","title":{"rendered":"Amid Beijing\u2019s sky-high home prices, parents go underground"},"content":{"rendered":"


\nWu Zhen, a Beijing mother of a three-year old, was scouting for a home for her daughter\u2019s education when an agent introduced her to a \u201csubbasement (\u534a\u5730\u4e0b\u5ba4)\u201d property.
\nLike most potential home buyers, Wu\u2019s first reaction was a frown.
\nBasements bring to mind dusky, shabby holes with inadequate sanitation and heating during the Chinese capital\u2019s brutal winter months, the typical abode of migrant workers who can\u2019t afford anything else.
\nA…
\n
\nSource : South China Morning Post
\nRead more…Amid Beijing\u2019s sky-high home prices, parents go underground<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Wu Zhen, a Beijing mother of a three-year old, was scouting for a home for...<\/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-39015","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-a9h","jetpack-related-posts":[{"id":110835,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-home-prices-rise-in-just-55-of-70-chinese-cities-the-lowest-in-18-months-amid-beijings-efforts-to-cool-the-market\/","url_meta":{"origin":39015,"position":0},"title":"New home prices rise in just 55 of 70 Chinese cities, the lowest in 18 months, amid Beijing\u2019s efforts to cool the market","date":"September 17, 2019","format":false,"excerpt":"\r The Chinese government\u2019s efforts to take the heat out of the property market appear to be paying dividends, with new data pointing to a slowdown in price gains as a growing number of developers slashed their prices.The price of new homes increased in 55 of 70 cities tracked by\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":49277,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/flawed-land-supply-policy-to-blame-for-beijings-soaring-housing-prices-analysts-say\/","url_meta":{"origin":39015,"position":1},"title":"Flawed land supply policy to blame for Beijing\u2019s soaring housing prices, analysts say","date":"March 23, 2017","format":false,"excerpt":"\r New home buying restrictions in Beijing are unlikely to rectify market distortions and ease sky-high home prices, analysts say. Homebuyers are prepared to pay a premium for proximity to government services and elite schools, while other factors, especially a shortage of new land supply, have been cited by analysts\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":134467,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-disgruntled-homeowners-drive-wave-of-early-repayment-on-mortgages-threatening-beijings-consumption-drive\/","url_meta":{"origin":39015,"position":2},"title":"China\u2019s disgruntled homeowners drive \u2018wave of early repayment\u2019 on mortgages, threatening Beijing\u2019s consumption drive","date":"February 12, 2023","format":false,"excerpt":"\r Amid economic uncertainty and unease about property prices, homeowners in China are sensibly using savings to get ahead on their mortgages, a trend at odds with the national priority of spurring spending.\r \r Source : South China Morning Post\r Read more...China\u2019s disgruntled homeowners drive \u2018wave of early repayment\u2019 on\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":58680,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-developer-forced-to-sell-ma-on-shan-site-amid-beijings-tightened-capital-controls\/","url_meta":{"origin":39015,"position":3},"title":"Chinese developer forced to sell Ma On Shan site amid Beijing\u2019s tightened capital controls","date":"June 22, 2017","format":false,"excerpt":"\r China City Construction (International) is forced to sell the waterfront residential site in Ma On Shan that it won in a 2014 government tender after encountering financial difficulties to proceed with construction amid Beijing\u2019s tightened controls on capital outflows. The transaction, considered a rare case in reselling government land,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":168786,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/property-industry-remains-an-enemy-within-for-beijings-economic-targets\/","url_meta":{"origin":39015,"position":4},"title":"Property industry remains an enemy within for Beijing\u2019s economic targets","date":"January 4, 2026","format":false,"excerpt":"\r The slumbering property sector remains a threat to China\u2019s economic growth because of its huge impact on the employment rate and consumer demand, according to industry officials and analysts. Amid sharp declines in property investment, housing sales and home prices last year, a further downturn of the significant sector\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":39065,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/why-many-middle-income-families-in-beijing-are-moving-underground\/","url_meta":{"origin":39015,"position":5},"title":"Why many middle-income families in Beijing are moving underground","date":"December 27, 2016","format":false,"excerpt":"\r The only way is down Passengers crowd a subway station on National Day, Oct. 4, 2013 in Beijing, China. testing \/ Shutterstock.com Better-known for accommodating\u00a0migrant workers, Beijing\u2019s underground apartments are becoming increasingly popular among mid-market home-seekers looking to overcome soaring property prices in areas close to the Chinese capital\u2019s\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\/39015"}],"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=39015"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/39015\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=39015"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=39015"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=39015"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}