Shishi China Real Estate

China's real estate market has always been a source of confusion, with prices rising to unsustainable heights before falling a bit and then shooting up again before ever really crashing. While it fluctuates in waves across the country, we have seen prices skyrocket in some cities, while others have all seen time lows. To remedy this, the Chinese government appears to be building large boom cities to drive buyers out of other surrounding markets.

According to China's Bureau of Statistics, which covers 70 cities, prices of new homes in the city have risen by 53 percent and about 19 percent in the past five years. When housing costs in Shanghai recently shot up again, the demand for homes increased from two to five per year to three to four% of median household income. According to a recent report by the Shanghai Securities Regulatory Commission, these restrictions can be rolled back or lifted over a number of years, and can come in and out again.

But it would be foolish to think that the Chinese government is unaware of this and has intervened to cut off the tap of cash to peer-to-peer lenders. This lack of leverage is largely due to the fact that home-purchase lending is tightly controlled by both central and local governments. Only 18% of the country's households have mortgages, but in China, the figure is more than 90%. This share is already above the US average of 18.5%, according to the report.

Another way for the Chinese government to suppress speculation in the real estate market is simply to limit the number of homes people can buy. The fact is that the bloated housing markets are the biggest cash cow that the Chinese government has, and the last thing it wants is falling prices. When the real estate bubble bursts, the entire economy goes bankrupt and that's the last thing the government wants to see, "said one family who has invested heavily in real estate.

Individuals may acquire transferable land - rights of use for a fee - for several years and own residential buildings and apartments as long as the houses or apartments are on the land on which the building is located. Individuals can also own real estate, including residential, office and commercial buildings in the same area, and can own buildings on or adjacent to their property for up to 10 years.

Specifically, the Urban Real Estate Act requires that land use rights be registered with the local government or land authority, which issues a certificate of ownership for the confirmed rights and a certificate of ownership for the property. Restrictions that may apply to the transfer of real estate include the prohibition of transfers when the state recovers a right of use under the law, when a property is not properly registered or when no proof of ownership is available.

On 1 March 2015, the provisional rules on the registration of real estate entered into force, which aim to introduce a nationwide property registration system. Under the new regulation, the Ministry of Land and Resources will oversee and manage the land registration system nationwide. Municipalities at the district level are designated as the main registrars of land use rights and land ownership rights.

The incomplete statistics show that China has a large number of such parks, which inevitably lump producers with value - value-added industries such as mining, oil and gas, tourism, agriculture, and mining.

In China's cities, people are divided into so-called non-buyers, among other things. Simply put, the hurdles to being a home buyer in China are very low, especially in lower-income cities, which have a large stock of unsold homes, if any. Real estate speculation within China has to do with creating a very different situation regarding the potential effects of a bubble than in most other countries. The conditions that caused the 2008 US housing crash existed because the sale of mortgage-backed securities and other forms of speculative investment was prohibited, but not very common.

Chinese investors are basically being pushed into the real estate market, which means that huge amounts of ready - ready - capital are constantly pouring into the market. This means that you may not be able to buy a house in Shanghai, but in Wuxi the doors are wide open, so do not despair.

Shishi China is managed by Quanzhou and is one of the largest real estate brokerage companies in China and the second largest in the world. It is the third largest brokerage firm in Wuxi after Shanghai and Shenzhen and the number one in Shanghai with a market capitalization of over $2.5 billion.

On August 30, 2007, the Standing Committee of the National People's Congress passed a law on the management of urban real estate. Article 13 of the Constitution states that the right to private property is inviolable. Private property protection is guaranteed by the Law on China and the Law on Urban Real Estate in the National People's Congress (NPC), as well as by Article 14 of our Constitution.

More About Shishi

More About Shishi