Yes, will continue to grow, at the same time, high risk

China's property is TOO MUCH policy driven. Today it's this policy, tomorrow it's another. All policies are cooked behind the veil. Investors have no transparency. Therefore, although the appreciation is high, risk is also very high. I would say it's 10 times more risky to play in China than in the US. In the US, you can study demographic and local statistics to make most correct decisions. But in China, it's hard to do so.

One thing we need to know is that, China doesn't have eco-friendly based zoning laws. Therefore, government has the ability to gut the market with new lands on its whim. China doesn't have real land shortage. There is a fundamental difference between US property market and that of China's.

所有跟帖： 

• 危险与机会同在. Regarding land shortage, 与美国不同的是, -喜欢就好- ♀ (91 bytes) () 05/01/2007 postreply 20:14:55

• What scares me about Asia property markets is: HK and Japan -miat42- ♂ (251 bytes) () 05/02/2007 postreply 08:05:08