Indian Real Estate Forum - www.indianrealestateforum.com - View Single Post - Signs of improvement in Chinese property market

wiseman · 13-05-10

Check out this interesting link ...

http://www.businessinsider.com/the-c...al-standards-3

Talks of price of 1500 SFt flat at $615k (2.75 Crores?) and a rent to price ratio of 1:500 (far higher than the 1:300 which we think is very high!!!

Another article talks of a 31% decline in Beijing RE prices. Check this out here ...

http://www.capitalvue.com/home/CE-ne...3/post/1185337

Coupled with the steady decline of the Shanghai Composite (20% from its 2009 peak) something big and nasty is brewing in China!

cheers

13-05-10	#4
wiseman Veteran Member Join Date: Jul 2008 Posts: 1,772 Thanks: 3 Thanked 99 Times in 54 Posts	Some more data on Chinese RE Bubble Check out this interesting link ... http://www.businessinsider.com/the-c...al-standards-3 Talks of price of 1500 SFt flat at $615k (2.75 Crores?) and a rent to price ratio of 1:500 (far higher than the 1:300 which we think is very high!!! Another article talks of a 31% decline in Beijing RE prices. Check this out here ... http://www.capitalvue.com/home/CE-ne...3/post/1185337 Coupled with the steady decline of the Shanghai Composite (20% from its 2009 peak) something big and nasty is brewing in China! cheers Last edited by wiseman; 13-05-10 at 09:24 PM.