Abstract
Housing prices in China has been increasing rapidly in recent years. While local speculators are blamed for the escalating house prices, foreign real estate investors are also regarded as accomplices for causing the problem. New measures known as the Opinions on Regulating Market Access and Management of Foreign Investment in China's Real Estate Market were introduced to restrict foreign real estate investment in the country. This paper attempts to examine the justification of the control and its impact on foreign investors. The investigation shows that foreign real estate investment is a tiny portion of the total real estate investment in China and has not cause a threat to the market. The scale of foreign investment does not justify the introduction of the controls.
Original language | English |
---|---|
Number of pages | 20 |
Journal | Pacific Rim Property Research Journal |
Publication status | Published - 2007 |
Keywords
- China
- housing
- housing policy
- investments, foreign
- real estate investment
- real property