BEIJING (Reuters) – China aims to pursue “stable and healthy development” of the property market in 2018 with an increased focus on providing affordable housing and developing the rental market, Premier Li Keqiang said in a government work report released on Monday. “China will maintain the position that homes are for living in, not for […]
Apartment blocks in Beijing © Reuters New policies should reduce imperative of homeownership Chinese home prices have climbed so much and so fast that cities like Beijing and Shanghai now rank among the world’s least affordable property markets. The high cost of living has reduced the competitiveness of local economies by making it difficult for young […]
HONG KONG (Reuters) – A wave of restrictions imposed on housing markets in major Chinese cities last week have unnerved some buyers and developers, cutting the area of new homes sold in places such as Beijing and Shenzhen by more than half. More than 20 cities have imposed measures, including higher mortgage downpayments, to cool […]
China’s booming property market is showing further signs of cooling with official data finding another step down in price inflation and more cities reporting price declines in July. In the 70 cities surveyed by the National Bureau of Statistics (NBS), 51 reported price gains in new houses, down from 55 in June and a peak […]
FOMO, or the fear of missing out, has become an increasingly popular acronym of late, joining the ranks of QE, POMO, ZIRP and NIRP in the everyday vernacular of people in financial markets. In the investment world, FOMO is about spurring people to make investment decisions quickly, and some times irrationally, based on the […]
