{"id":99604,"date":"2018-10-11T10:48:17","date_gmt":"2018-10-11T03:48:17","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/public-anger-in-china-spreading-as-property-prices-drop\/"},"modified":"2018-10-11T11:03:07","modified_gmt":"2018-10-11T04:03:07","slug":"public-anger-in-china-spreading-as-property-prices-drop","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/public-anger-in-china-spreading-as-property-prices-drop\/","title":{"rendered":"Public anger in China spreading as property prices drop"},"content":{"rendered":"<p>&#013;<br \/>\nChinese property developers can usually count on September and October to be their \u201cgold and silver\u201d months for sales, but this year turned out to be different.<br \/>\nNot only were their sales figures grim for September, but the seven-day national holiday last week also brought at least two fangnao incidents \u2013 when homeowners protest against price cuts offered by developers to new buyers.<br \/>\nThese protests are often directed at sales offices, with varying levels of intensity \u2013&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/news\/china\/society\/article\/2168025\/public-anger-china-spreading-property-prices-drop\" target=\"_blank\">Public anger in China spreading as property prices drop<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Chinese property developers can usually count on September and October to be their \u201cgold and&#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-99604","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-pUw","jetpack-related-posts":[{"id":101242,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-home-sales-growth-continues-to-slow-in-october-as-cooling-measures-take-effect\/","url_meta":{"origin":99604,"position":0},"title":"China\u2019s home sales growth continues to slow in October as cooling measures take effect","date":"November 14, 2018","format":false,"excerpt":"\r China\u2019s property sector is feeling the impact of measures to rein in prices. Sales of new homes, measured by area, continued to decline. It fell 1.3 per cent in October from a year earlier, a bigger contraction than the 0.8 per cent seen in September, according to the Post\u2019s\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":110068,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-home-buyers-wait-for-better-deals-as-developers-see-big-drop-in-contracted-sales-in-july-amid-economic-slowdown\/","url_meta":{"origin":99604,"position":1},"title":"China home buyers wait for better deals as developers see big drop in contracted sales in July amid economic slowdown","date":"August 21, 2019","format":false,"excerpt":"\r Potential homebuyers in China are waiting on the sidelines, hoping for better deals.New data suggests a break in prices might be coming.In July, China\u2019s top 10 builders recorded a month-on-month fall of 80 billion yuan (US$11.4 billion) in total contracted sales, due to a combination of a slowdown in\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":111784,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-developers-cut-prices-by-up-to-10-per-cent-to-spur-sales-amid-slowdown-as-policymakers-maintain-market-curbs\/","url_meta":{"origin":99604,"position":2},"title":"China developers cut prices by up to 10 per cent to spur sales amid slowdown as policymakers maintain market curbs","date":"October 22, 2019","format":false,"excerpt":"\r China\u2019s property developers are pricing their new home projects at a discount to drum up sales amid market-cooling measures, seeking to boost cash as a sliding currency raises the cost on debt repayment.Some builders are cutting as much as 10 per cent off their selling prices to boost cash\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":114329,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-slashes-prices-of-all-new-flats-by-a-quarter-as-coronavirus-leaves-developers-struggling-with-plunging-house-sales\/","url_meta":{"origin":99604,"position":3},"title":"China Evergrande slashes prices of all new flats by a quarter as coronavirus leaves developers struggling with plunging house sales","date":"February 17, 2020","format":false,"excerpt":"\r One of China\u2019s largest developers will slash the prices of all its new flats by a quarter in what it says is the biggest ever nationwide price cut, as the coronavirus outbreak threatens to derail China\u2019s all-important housing market.China Evergrande, the country\u2019s third biggest builder by value, said it\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":103695,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/country-garden-china-evergrande-and-china-vanke-among-developers-reporting-decline-in-january-home-sales\/","url_meta":{"origin":99604,"position":4},"title":"Country Garden, China Evergrande and China Vanke among developers reporting decline in January home sales","date":"February 5, 2019","format":false,"excerpt":"\r Mainland Chinese property developers have reported a decline in home sales for January, in a sign the Year of the Pig could be in for a rocky start. According to property consultancy CRIC, more than 30 per cent of the mainland\u2019s top 100 developers posted a year-on-year drop in\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":101227,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/developers-use-tenders-to-their-advantage-as-they-seek-to-control-falling-property-prices\/","url_meta":{"origin":99604,"position":5},"title":"Developers use tenders to their advantage as they seek to control falling property prices","date":"November 14, 2018","format":false,"excerpt":"\r The recent spike in the number of relatively cheap flats offered through tender is a clever strategy by builders as it helps them to achieve higher prices without harming the reputation of their project in the event of poor sales and also prevents them from openly cutting prices, say\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\/99604"}],"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=99604"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/99604\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=99604"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=99604"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=99604"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}