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View Full Version : China Property Vancacy Rate Reaches 23% - the highest in the world



richwang
09-11-14, 11:24
http://www.youtube.com/watch?v=kPUN31EcNpU

财经郎眼 20141020 房地产政策变局

China property Selling Volume is -8.3%

China property over supply by 40M units (20M completed)

China property vacancy rate is now 23 (the world average is 13% )

42 of 47 cities in China is now allowed to buy 2nd property. (Beijing, Shanghai, GuanZhou, ShenZhen and Shanyan still NOT allowed to buy 2nd property).

Down payment decreased from 50% to 30%.

richwang
09-11-14, 11:26
Anyone knows the vacancy rate in Singapore? <10%?