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Author Topic: How do you think about the housing price in China?  (Read 2737 times)
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March 27, 2017, 06:03:23 PM
 #41

We all know that China has one hell of a population. They are so many that I think they have a law concerning about how many kids can be born in one family. That's why the price of housing there is really high, there is a high chance that someone will try to rent in your property especially if it's in the main city like Beijing.

The high housing prices have nothing to do with the one-child policy. On the other hand, if the policy was not there, then the prices would have been even higher. The main reason is the heavy migration from rural areas of China to the major urban centers. The government has completely failed to create jobs in the rural regions.

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March 27, 2017, 08:03:29 PM
 #42

China has always been a country that goes through similar issues that Western Countries faced by they seem to lag behind with the issues by some amount of time, in my opinon we're going to see some sort of housing bubble collapse in China due to the rapid growth of pretty much every sector in China which is leading to insane amounts of housing sales.

As we know, this is the same issue that the US faced and it blew up in 2008 when it officially came to light that mortgages were being given to people who really couldn't afford them and companies started going under. Probably going to see the same thing happen in China at some point.

Housing prices will fall, they'll just have to go through some sort of correction period like the US did.














 

 

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March 28, 2017, 11:17:07 AM
 #43

50 м²
3 500 €
Kohtla-Järve, Ida-Virumaa
https://www.okidoki.ee/ru/item/5982785/


70 м²
7 550 €
Kohtla-Järve, Ida-Virumaa
https://www.okidoki.ee/ru/item/6122927/

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March 28, 2017, 11:42:34 AM
 #44

50 м²
3 500 €
Kohtla-Järve, Ida-Virumaa
https://www.okidoki.ee/ru/item/5982785/


70 м²
7 550 €
Kohtla-Järve, Ida-Virumaa
https://www.okidoki.ee/ru/item/6122927/
And what have Kohtla Jarve? It is a city in Estonia. Nothing you confused? In the thread it was about China.
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March 28, 2017, 12:34:06 PM
 #45

In the thread it was about China.


Share you view about the price in China and the one in your country.

Hi, mister is curious about prices around the Globe.

Who is corageous to buy 50 м² for 3 500 € + 20% VAT in Kohtla-Järve?
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March 28, 2017, 03:31:36 PM
 #46

What will you do there. Well if you are a pensioner, and what to do young man? I think that this price is for housing for the reason that in this town simply do not work. In the countryside to take up farming, and what to do in this town?
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March 28, 2017, 03:31:41 PM
 #47

In the thread it was about China.


Share you view about the price in China and the one in your country.

Hi, mister is curious about prices around the Globe.

Who is corageous to buy 50 м² for 3 500 € + 20% VAT in Kohtla-Järve?
European Union


I'm talking the housing price in super city like ShenZhen and ShangHai, you should take Tokoyo or Lundon as example instead of somewhere in the countryside.

I'm talking the price in first-tier cities in China, not the average hosing price in China, however, in most cities the price is still affordable.

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March 28, 2017, 03:35:57 PM
 #48

I wonder at all the people live? The picture is not visible to any person. Several cars and all. These abandoned towns, many around the world. Even in a developed country like America there are towns where there lives only one person.
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March 28, 2017, 03:58:43 PM
 #49

however, in most cities the price is still affordable.

Do You have in China 50 м² apartment for 3 500 € in a city with shops, schools, Hospitals, etc?
I put here this info for desperate people, who see no exit for the life dedicated to payout the apartment price.

What will you do there.

Do You have working skills?
https://www.youtube.com/watch?v=5HKEg-UJUM4

Kohtla-Järve is waiting You Smiley
https://www.youtube.com/watch?v=qYeI1djloO8

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March 28, 2017, 07:29:52 PM
 #50

The hosing price in first-tier cities like ShenZhen, BeiJing, ShangHai have risen to a unfordable high position for average Chinese people, for the average Chinese graduate, they earn 12,000 USD(2016) annually while in ShenZhen it costs almost 1 million to buy a average 100M^2 house(30% down payment).
It's similar in Europe, not as bad as you say though. An average Londoner uses half of his monthly wage to pay the rent. You get similar prices in Eastern Europe. A 100m2 house (which is quite small) costs over 200k € and the average wage is around €10k a year , so you'd have to save up 100% of it for 20 years to buy a small house in the city. Usually nobody can afford it and people buy on credit and pay it back in the next 30 - 40 years.


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March 28, 2017, 07:49:53 PM
 #51

however, in most cities the price is still affordable.

Do You have in China 50 м² apartment for 3 500 € in a city with shops, schools, Hospitals, etc?
I put here this info for desperate people, who see no exit for the life dedicated to payout the apartment price.

What will you do there.

Do You have working skills?
https://www.youtube.com/watch?v=5HKEg-UJUM4

Kohtla-Järve is waiting You Smiley
https://www.youtube.com/watch?v=qYeI1djloO8
I don't know what's the catch. A very beautiful little town. I would love to live in it. On the streets I do not see any cars or people. Something's fishy. What's the catch? Maybe the problem is to obtain Estonian citizenship? In any case a very interesting fact.
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March 29, 2017, 08:33:03 AM
 #52

I don't know what's the catch. A very beautiful little town. I would love to live in it. On the streets I do not see any cars or people. Something's fishy. What's the catch? Maybe the problem is to obtain Estonian citizenship? In any case a very interesting fact.

You'll never get an Estonian passport, unless you achieve fluency in the Estonian language (which is notoriously difficult to learn). Even those individuals who were born in Estonia, and lived there for their entire life have been denied the citizenship due to this requirement.

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March 29, 2017, 09:21:56 AM
 #53


I don't know what's the catch. A very beautiful little town.

https://www.youtube.com/watch?v=q7HJ0qpMiS4

No job and if You got it the salary is low.

fluency in the Estonian language

Russians are 24,8% and there are other "native russian speaking".
The problem is a low rate of bilingual people in comunication.
Russians, Russian speaking and estonians have few contacts in allday living.

In that way, who is working online - there is a possibility for a cheap appartment.

https://www.numbeo.com/cost-of-living/country_result.jsp?country=Estonia

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March 29, 2017, 11:24:06 AM
 #54

I don't know what's the catch. A very beautiful little town. I would love to live in it. On the streets I do not see any cars or people. Something's fishy. What's the catch? Maybe the problem is to obtain Estonian citizenship? In any case a very interesting fact.

You'll never get an Estonian passport, unless you achieve fluency in the Estonian language (which is notoriously difficult to learn). Even those individuals who were born in Estonia, and lived there for their entire life have been denied the citizenship due to this requirement.
I think that this the price of property is the consequence of this strict immigration policy. The video shows that there is a fairly large company and it is experiencing a big problem with the workforce. Without the help of migrants in the city and this company can die.
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March 29, 2017, 11:48:29 AM
 #55

The video shows that there is a fairly large company and it is experiencing a big problem with the workforce.

I see no such offers.

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March 30, 2017, 09:49:03 PM
 #56

For the acquisition of housing in China, foreigners have certain restrictions. During the wave of growth of the Chinese economy, the demand for housing in China from foreigners has increased dramatically. However, in order to exclude speculative transactions, the Chinese authorities introduced a number of restrictions on the purchase of real estate by non-citizens of the country.
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April 03, 2017, 09:04:54 PM
 #57

Industrialization and prosperity in the U.S. was associated with the decline in families and predation by the super rich on the poor.

China has a lot more history than the U.S., traditions like Buddhism and Taoism etc, so we'll have to wait to see if they are also dragged down by wealth.
Industrialization brought real prosperity to the people by lifting  their life standards that was something that did not happen when an improvement in technology happened in the pasty so you are wrong.

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April 03, 2017, 10:05:39 PM
 #58

Aren't they going to build another $1.5 million vacant city? Just read it in the news.

Cool
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April 03, 2017, 10:08:04 PM
 #59

Aren't they going to build another $1.5 million vacant city? Just read it in the news.

Cool

Of course, the good part about all this is, when the dollar crashes, they will have already switched to gold for money. Then, while most of the world is in turmoil, the smart ones among us can move over there and have a city to live in.

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April 03, 2017, 10:22:31 PM
 #60

Aren't they going to build another $1.5 million vacant city? Just read it in the news.

Cool

According to a few recent articles I read about the Chinese ghost cities, they're actually slowly starting to fill up. Maybe the Chinese like to build it before they come.

I think that's a far more appealing idea than the city imperceptibly growing around you. I'd love to move into an entirely empty place and see it slowly come to life.

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