A platform for research: civil engineering, architecture and urbanism
A platform for research: civil engineering, architecture and urbanism
Where will China's real estate market go under the economy's new normal?
Abstract When China entered a new stage of economic development, namely the “economy's new normal”, its economic growth shifted from high-speed to medium-to-high-speed, the economic structure was constantly improved and upgraded, and the economic development shifted from input-driven and investment-driven to innovation-driven. Furthermore, there have been some new developments in the country's real estate market. The previous rapid growth of real estate investment gradually became stable. The consumer demand of real estate was saturated. The real estate market plays an important role in import and export. Many mergers and acquisitions appeared in the real estate industry, and the real estate market differentiation is more obvious. Under this situation, an important question needs to be addressed: Where will China's real estate market go? First, real estate market should envisage the new trend of industrial development. Second, real estate market needs to adapt to the new growth momentum and investment structure. Third, real estate industry can use the traction of the “new normal” to guide itself to develop stably and sustainably. This way, there will be still scope for sustained development and large market capacity in China's real estate industry.
Highlights The new changes in the China's economy are analyzed when China enters the “economy's new normal”. We show the new developments in the country's real estate market when the economy's new normal comes. Suggestions are provided for China's real estate under the economy's new normal.
Where will China's real estate market go under the economy's new normal?
Abstract When China entered a new stage of economic development, namely the “economy's new normal”, its economic growth shifted from high-speed to medium-to-high-speed, the economic structure was constantly improved and upgraded, and the economic development shifted from input-driven and investment-driven to innovation-driven. Furthermore, there have been some new developments in the country's real estate market. The previous rapid growth of real estate investment gradually became stable. The consumer demand of real estate was saturated. The real estate market plays an important role in import and export. Many mergers and acquisitions appeared in the real estate industry, and the real estate market differentiation is more obvious. Under this situation, an important question needs to be addressed: Where will China's real estate market go? First, real estate market should envisage the new trend of industrial development. Second, real estate market needs to adapt to the new growth momentum and investment structure. Third, real estate industry can use the traction of the “new normal” to guide itself to develop stably and sustainably. This way, there will be still scope for sustained development and large market capacity in China's real estate industry.
Highlights The new changes in the China's economy are analyzed when China enters the “economy's new normal”. We show the new developments in the country's real estate market when the economy's new normal comes. Suggestions are provided for China's real estate under the economy's new normal.
Where will China's real estate market go under the economy's new normal?
Zhang, Hong (author) / Li, Linjun (author) / Chen, Tiantian (author) / Li, Vera (author)
Cities ; 55 ; 42-48
2016-03-28
7 pages
Article (Journal)
Electronic Resource
English
Where will China's real estate market go under the economy's new normal?
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