Chinese property bubble

From Wikipedia, the free encyclopedia

This article is about the housing bubble in China. For the general phenomenon of housing bubbles, see real estate bubble.

China's economic growth over the past few years has been more than phenomenal. Growth in international trade has created a demand for property that has hitherto been unheard of. Urban centres such as Shanghai and Beijing have witnessed a growth in prices to the point where many local people are now unable to purchase the homes in which they live.

[edit] See also

As of 2006, several areas of the world are thought by some to be in a bubble state, although the subject is highly controversial; see:

• Real estate bubble
  • United States housing bubble
  • British property bubble
  • Irish property bubble
  • Japanese asset price bubble
  • South Korean property bubble
  • Spanish property bubble
  • Luxembourg property bubble
  • Indian property bubble
  • Russian property bubble

[edit] External links

• The global housing boom Interesting Economist article with a global perspective.
• Bust will follow boom - but when? Interview with Fred Harrison, author of "Boom, Bust: House Prices, Banking and the Depression of 2010"