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An empty corridor in the mostly vacant New South China Mall. The 2005 Chinese property bubble was a real estate bubble in residential and commercial real estate in China. The New York Times reported that the bubble started to deflate in 2011, [1] while observing increased complaints that members of the middle class were unable to afford homes in large cities. [2]
A real estate transaction is the process whereby rights in a unit of property (or designated real estate) are transferred between two or more parties, e.g., in the case of conveyance, one party being the seller(s) and the other being the buyer(s). It can often be quite complicated due to the complexity of the property rights being transferred ...
Additionally, a 10% sales tax is charged against properties sold after being owned for between one and two years. [11] Data provided by the Republic of China government in late 2011 showed that the luxury tax was having the desired effect, causing the average housing price in Taipei to fall nearly 12% while reducing overall volume of real ...
Although the global financial crisis from 2007 to 2010 affected sales and exports, [114] the industry has rebounded with companies posting record profits for 2010. [ 115 ] [ 116 ] The international industrial forecast of semiconductor manufacturing, which is the flagship industry of the economy of Taiwan that faces immense competition ahead ...
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Whereas, the term "appraisal" is usually related to an estimate by a real estate sales person or licensed agent under the Real Estate Agents Act 2008. The Real Estate Institute of New Zealand includes many valuer members, but the governing legislation for sales and agency (disposal of interests of land on behalf of others) does not extend to ...
Beyoncé’s mother Tina Knowles has seemingly weighed in on the new rape allegation against her son-in-law Jay-Z. Shortly after the rapper (né Shawn Carter) was accused of raping a 13-year-old ...
By Jarrett Renshaw and Alexandra Ulmer (Reuters) -Donald Trump's transition team is considering canceling the U.S. Postal Service's contracts to electrify its delivery fleet, as part of a broader ...