Chinese housing stock 2015

>>1284547
Self bump.

>>1284547
Chinese real estate is the most clear-cut textbook example of an artificial bubble you will ever see.

All actual actual Chinese economy is tanking because it is entirely based around cheap labor and they are running out of cheap mainland labor to move to the big cities in hopes of making big money.

>>1284547
What?

The market peaked in June 2015. Not May.

>>1284841
This is a giant shitpost.

>>1284870
And what makes you think that?

>>1284873
>Chinese real estate is the most clear-cut textbook example of an artificial bubble you will ever see.

Chinese houseowners have been rising as a percent of population consistently since 2000.
Furthermore, Chinese housing prices have only grown 200% since 2000, in contrast to nearly 400-500% in most developed nations.
Lastly, the average house price to average wage is one of the lowest ratios worldwide in China.

China actually has too strict of a housing market. It's hard for a lot of Chinese workers to get loans or to get the Houkou restriction removed.

>All actual actual Chinese economy is tanking

The Economist and other reputable economic analysts put China's real GDP growth around 6%.
Officially it is 6.7% yoy.
This is down from an official 7.8% in 2012 and an estimated 7.5% in 2012.

That's a gradual slowdown. Not a tanking of growth.

>because it is entirely based around cheap labor

This is complete bullshit not worth my time explaining why its wrong.

>and they are running out of cheap mainland labor

No. The Chinese working population is around its peak. They aren't running out of chea labor. 2020 onwards as the economy continues developing, yes.

>to move to the big cities in hopes of making big money.

Nearly 50% of Chinese still live in rural areas. This urbanization rate is 1920's America levels.

Once again, the restrictive Huokou system is what has caused this slowdown in the urbanization rate.
The Chinese government has been removing it, but regional city governments fight back hard.

>>1284893
Wow, you clearly know nothing about Chinese economy. You are the shitposter my friend. I would tell you to wait and see that I'm right, but actually it's already happening and has been for a while.

https://youtu.be/V3XfpYxHKCo
https://youtu.be/pbDeS_mXMnM
https://youtu.be/qAMWPQM2SI0
https://youtu.be/wqiiYAsk_r0

>>1284873
Here's my source for>>1284893
https://research.stlouisfed.org/wp/2014/2014-022.pdf

File: image.jpg (159KB, 1160x629px) Image search: [Google]

159KB, 1160x629px

>>1284906
>youtube is my source

Why don't you argue with the ST Fed?here>>1284909

Real estate is considered a safer investment than equities so it makes sense that money is flowing there when it leaves the stock market.

>>1284915
This retard said May 2015 was their peak, when the overall market peaked in June 2015.

>>1284909
All that paper proves is that there is a huge Chinese housing boom. I'm not denying that there is. I'm saying that it's an artificial bubble.

You also totally ignored my point about the mainland exodus running out of steam, raising labor costs and seriously dampening economy.

But hey, do whatever you want. If you want to throw away your money, be my guest.

>>1284929
>I'm saying that it's an artificial bubble.

The paper literally argues directly against this meme.
Read the first fucking page and stop shitposting.

>>1284929
>You also totally ignored my point about the mainland exodus running out of steam, raising labor costs and seriously dampening economy.

No. I BTFO all of your shitty "arguments" in this post>>1284893

Retards that think only wages matter for profit, are idiots.