China - Housing 06 (Nov 21 - Dec 26)

[behappyalways]

Unfinished buildings are difficult to solve! China’s real estate market is sluggish. The stock market has plummeted and officials are cracking down.

爛尾樓難解! 中國房市萎靡.股市重跌 官方嚴打「做空」｜方念華｜FOCUS全球新聞 20240206@tvbsfocus

https://m.youtube.com/watch?v=_T9supI6-xE

[behappyalways]

How China's property bubble burst
https://m.youtube.com/watch?v=ogaZBVeUG-M


Inside a Chinese Ghost Town of Abandoned Mansions | WSJ
https://m.youtube.com/watch?v=lQwc3EBW0Sc

[winston]

China says it will improve home sales in 'forceful', 'orderly' way

By Ellen Zhang, Liangping Gao & Ryan Woo

China will insist that "housing is for living in, not for speculation" when formulating a new development model for the sector.

Source: Reuters

https://theedgemalaysia.com/node/704048

[behappyalways]

Evergrande Xu Jiayin lost another 2 billion. Xu Jiayin's Hong Kong mansion was taken over and sold with a valuation of 2 billion yuan.

The leading real estate company "Country Garden" filed for liquidation.

China's real estate market is in crisis and people are worried about economic decline.

恒大許家印又20億沒了...許家印香港豪宅遭接管出售 估值20億元 房企龍頭"碧桂園"遭申請清盤 中國房市危機重重 民眾憂經濟衰落｜記者 劉玨妤｜【國際大現場】20240302｜三立新聞台

https://m.youtube.com/watch?v=I1POY2qt4gA

[behappyalways]

Will it be blown over like a domino when encountering strong winds?
"Cardboard buildings" are seen again in China!
Builders: "Crystal of wisdom" adapted to local conditions Zhengzhou cardboard buildings cause unease on the Internet Official clarification: It is an L-shaped building

遇強風會不會像骨牌一樣被吹倒? 中國又見"紙板樓"! 建商: 因地制宜"智慧結晶" 鄭州紙板樓引網不安 官方澄清: 是L型建築│記者 顏馨宜│【國際大現場】20240304│三立新聞台

https://m.youtube.com/watch?v=uQjEuGsSNrI

[behappyalways]

drop in secondhand home prices comes when sales are rising, showing homeowners now accept the need to lower prices to get deals done

[winston]

CN Media Cites Property Sector: Purchase Restriction Policy for T1 Cities in Non-core Areas May be Lifted

This morning (25th), there are rumors that there will soon be real estate-related documents issued, focusing comprehensively on 2 directions, naming the complete withdrawal of restrictive policies in core cities, and the promotion of the implementation of the financing coordination mechanism, according to Securities Times.

Source: AAstocks.com

http://www.aastocks.com/en/stocks/news/ ... -news/AAFN

[behappyalways]

Zhengzhou City Gov plans to buy 10,000 second hand apartments from residents to encourage “swapping old for new”. Zhengzhou is a city with one of the highest property inventory.
https://twitter.com/HAOHONG_CFA/status/ ... 6721298591


"The value of new home sales from the 100 biggest real estate companies slid about 46% from a year earlier to 358 billion yuan ($49.6 billion), following a 60% decline in February"
https://twitter.com/shehzadhqazi/status ... 0405704726

[behappyalways]

Neighbors are not living people!
"Columbus" has become an alternative funeral for residents in China's big cities

鄰居不是活人!「骨灰房」成中國大城市居民另類殯葬｜葉佳蓉｜FOCUS全球新聞 20240404@tvbsfocus

https://m.youtube.com/watch?v=Xe5-4doT-3Q

[behappyalways]

Buy a house and get one free!
China's housing market is weak.
Builders come up with a trick: if you buy a new house in Beijing, you will get a Yantai sea view house.
Builder: The news is true

購屋也"買一送一"！ 中國房市疲軟.建商出絕招 買北京新屋"送煙台海景房" 建商：消息屬實｜記者 劉玨妤｜【國際大現場】20240409｜三立新聞台

https://m.youtube.com/watch?v=_x0CTM-UGnE