Real Estate in the People's Republic of China (Paperback)

Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. Real estate in the People's Republic of China is developed and managed by public, private, and state-owned red chip enterprises. Currently the market is experiencing tremendous growth and the central government has implemented measures to tighten interest rates, increase deposit and impose restrictions. The Chinese property bubble is an alleged ongoing real estate bubble in residential and/or commercial real estate in the People's Republic of China. The phenomenon has seen average housing prices in the country triple from 2005 to 2009, possibly driven by both government policies and Chinese cultural attitudes.