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This is a list of countries, territories and regions by home ownership rate, which is the ratio of owner-occupied units to total residential units in a specified area, based on available data. [1] [better source needed]
The 2011 estimates by property analysts state that there are some 89 million empty properties and apartments in China, and that housing development in China is massively oversupplied and overvalued, and is a bubble waiting to burst with serious consequences in the future. [11]
Real estate in China is developed and managed by public, private, and state-owned red chip enterprises.. In the years leading up to the 2008 financial crisis, the real estate sector in China was growing so rapidly that the government implemented a series of policies—including raising the required down payment for some property purchases, and five 2007 interest rate increases—due to ...
Thereafter rural private land ownership was effectively abolished through Land Reform, which left land in the hands of the state or the collective. [4]: 6 China's Land Reform (1950-1952) was one of the largest examples of land expropriation in world history.
As financing dries up and debts come due, a cash crunch leaves thousands of homes unfinished, in a crisis with implications for the global economy.
Despite laws against foreign ownership of Mississippi land, more and more foreign entities are buying and owning state farm and timber land. ... Arkansas ordered a China-owned company to drop ...
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]
Property prices fell and home sales also declined in most cities, the statistics bureau said, as China endures a downturn in its real estate market after regulators cracked down on excessive ...