Quick Takeaways

  • The fall of Evergrande a huge property developer, is sparking economic contagion in China
  • 20% of China’s housing stock sits empty
  • China’s government is taking steps to cool down the property market

Source: China’s Real Estate Problem (Inside Indiana Business, Oct. 4, 2021)

Find the latest statistics on Chinese real estate buyers in the U.S. in the 2021 International Transactions in U.S. Residential Real Estate. Brush on your Asia Pacific/CIPS knowledge at the Center for REALTOR® Development.

Find out what has impacted the slowdown of Chinese home purchases recently and the effect of the “Biden bump.” Chinese buyers are also snapping up U.S. farmland. Some legislators want to block selling agricultural land to the Chinese.

has a real estate problem—empty buildings, government measures to cool down the property market, a possible property tax and the fall of Evergrande, a huge property developer. Will their property bubble pop?

Interested in Chinese language property websites and Chinese property associations? We have the links!

See References for more information.