real estate boom

Beijing’s Olympic Building Boom Becomes a Bust

From the LA Times: The Beijing Municipal Bureau of Statistics reported this month that housing sales in the city dropped 40% last year. Chinese economists have predicted that housing prices will drop 15% to 20% in Beijing this...

Real Estate Boom Encroaches on Nearby Farms, and the Law – the Beijing News

If you don’t have a multimillion bank account but still want to afford a villa near some major Chinese city, you still have a shot in Chongqing. Read about a real estate rush into nearby rural neighborhoods, translated by CDT from the Beijing News: Wei Erxu (韦尔旭), a tangerine and fish farmer at Jiulongpo District […]

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