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  • November 28, 2014
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Results 1 - 6 of 6 for housing bubble

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  1. Lending raises fears over Shanghai property

    Posted Jul 09th 2003, 12:00am by Bill Savadove

    ... at the end of May. Some analysts say the Shanghai property market is showing signs of a bubble, especially at the top end. 'There is a lot of speculation in the luxury housing market which has led to a bubble,' said an official for property developer the Shanghai Lujiazui Finance and Trade Zone Development Company. High prices in the inner city have forced many people to move ...

  2. Room for all- 1.3b sq ft of property vacant

    Posted Aug 18th 2006, 12:00am by Bill Savadove

    ... square metres by the end of July. Based on government estimates, that is enough to house 2.6 million people, roughly the population of Latvia. 'This imbalance is hugely abnormal,' said ... that commercial banks might become the scapegoats if a real estate bubble were to burst,' the report said. The bureau said domestic developers pumped 941.1 billion yuan into real estate projects ...

  3. Shanghai property surge reined in

    Posted Feb 09th 2006, 12:00am by Bill Savadove

    ... Bill Savadove in Shanghai Prices increase by 9.7pc compared with 15.9pc in 2004 as taxes imposed on speculators to prevent a bubble take effect Authorities in Shanghai released figures ... The average housing price across the city was 6,698 yuan per square metre, up 313 yuan. However, residential prices in the city centre jumped by 1,309 yuan to 12,398 yuan per square metre. 'The ...

  4. Shanghai's 16-point plan to cool the market

    Posted Apr 09th 2005, 12:00am by Bill Savadove

    ... The so-called 16-point plan is the latest tactic to curb the Shanghai property market amid fears of a growing bubble. Analysts said the bureau's moves would mainly target illegal activities ... the local banking association earlier this week implemented a voluntary ban on new mortgages for flats sold less than a year after purchase. In a complementary move, the Shanghai Housing and Land ...

  5. Shanghai property close to a boilover

    Posted Mar 18th 2005, 12:00am by Bill Savadove

    ... While debate rages over whether Shanghai is experiencing a property bubble, such considerations were academic to those at Golden Bund Garden. The scene recalled the 1992 Shenzhen stock market ... a quasi-independent body to oversee the property market. The Shanghai Housing and Land Administration now manages land sales and also regulates the market. Zhao Qiang, a property analyst at Everbright ...

  6. The Shanghai mayor with the midas touch for a tarnished town

    Posted Dec 24th 2003, 12:00am by Bill Savadove

    ... spooked. Shanghai ensured the property market continued to boom, though some say the city achieved that goal by ignoring human rights and the risk of a property sector bubble. In the wake of the scandal, Shanghai announced several moves to increase transparency of land sales and provide more low-cost housing. At the same time, two groups of residents suing the Jingan district over ...



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