When the real estate industry begins torevive and develop in China,many urgentproblems on policies confront us today,Iwould like to offer some general remarks byway of introduction to prompt others comeup with valuabl...When the real estate industry begins torevive and develop in China,many urgentproblems on policies confront us today,Iwould like to offer some general remarks byway of introduction to prompt others comeup with valuable opinions.展开更多
I. The Current Situation ofOur Real Estate Industry According to the findings of a nationalsurvey in urban housing conducted in 1985,the total urban floor area of the whole coun-try has reached 4.676 billion square me...I. The Current Situation ofOur Real Estate Industry According to the findings of a nationalsurvey in urban housing conducted in 1985,the total urban floor area of the whole coun-try has reached 4.676 billion square meters,among which industrial buildings occupied1.353 billion square meters, commercialbuildings 0.388 billion, cultural and educa-展开更多
The sky-high house prices are nothing new in China, especially in metropolitan areas like Beijing, Shanghai and Shenzhen, where houses in prime locations can fetch prices as high as those in London, New York and Tokyo...The sky-high house prices are nothing new in China, especially in metropolitan areas like Beijing, Shanghai and Shenzhen, where houses in prime locations can fetch prices as high as those in London, New York and Tokyo. People with an average monthly salary of between $400 and $500, the group most affected, face enormous pressure, both psychologically and financially, when required to repay bank loans on their new home. This has led to a new relationship where home-展开更多
Compared with the situation in other countries,therole played by China’s real estate and real estate industry inincreasing municipal financial resources has the followingobviously different characteristics:In most co...Compared with the situation in other countries,therole played by China’s real estate and real estate industry inincreasing municipal financial resources has the followingobviously different characteristics:In most countries,land in urban areas is privatelyowned,and so are buildings.Therefore,real estate revenuescome mainly through taxation.In China,however,urbanland as well as a greater part of the urban building stock展开更多
文摘When the real estate industry begins torevive and develop in China,many urgentproblems on policies confront us today,Iwould like to offer some general remarks byway of introduction to prompt others comeup with valuable opinions.
文摘I. The Current Situation ofOur Real Estate Industry According to the findings of a nationalsurvey in urban housing conducted in 1985,the total urban floor area of the whole coun-try has reached 4.676 billion square meters,among which industrial buildings occupied1.353 billion square meters, commercialbuildings 0.388 billion, cultural and educa-
文摘The sky-high house prices are nothing new in China, especially in metropolitan areas like Beijing, Shanghai and Shenzhen, where houses in prime locations can fetch prices as high as those in London, New York and Tokyo. People with an average monthly salary of between $400 and $500, the group most affected, face enormous pressure, both psychologically and financially, when required to repay bank loans on their new home. This has led to a new relationship where home-
文摘Compared with the situation in other countries,therole played by China’s real estate and real estate industry inincreasing municipal financial resources has the followingobviously different characteristics:In most countries,land in urban areas is privatelyowned,and so are buildings.Therefore,real estate revenuescome mainly through taxation.In China,however,urbanland as well as a greater part of the urban building stock
