Tag: 学区房

Chinese Housing Market: Trying to Figure it Out

Housing in China is a really hot market. Prices are skyrocketing. Yet there are some very curious trends. More farmland is being converted to tall apartment buildings, but when finished are hardly occupied. In fact at night there are few lights on, and few people live there. What is the point of all these empty apartment buildings? Meanwhile housing prices continue to rise, becoming more out of reach to the average Chinese family. Speculation abounds.