Prospects of China’s Real Estate Market

Author:

Qiu Chuanxi

Abstract

The outlook for the expansion of China's real estate business is a popular topic of conversation. In 1980, Comrade Deng Xiaoping recommended that the housing reform should follow the path of commercialization; by 1998, the commercial housing system had been formally implemented. Throughout the past 24 years, China's real estate market has endured periods of prosperity, depression, and crisis. The purpose of this essay was to assess the goods and financial status of key Chinese real estate companies and provide more precise solutions to difficulties. Due to the rapid economic development of China's real estate business, some regions refer to the real estate economy as a bubble economy, and it is crucial to examine the industry's trends and demands. Excessive housing costs, over-development, overwhelmed individuals, and other issues require immediate resolution. In this post, we will give real estate sector proposals based on China's national conditions, including government-guaranteed low-rent housing, affordable housing, etc. Propose a new sort of community to alleviate the strain on the populace and resolve a portion of the subsistence issue. Considering the issue from the standpoint of development, the demand potential for Chinese real estate is enormous, and the development potential is vast.

Publisher

Boya Century Publishing

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