Apr 26, 2011

China analyst says ride the real estate bull

The long-term structural trend for China's real estate is up, so long as its economy continues to grow at 8% to 10% per year. 1.3 billion people, increasing affluence and more rural-to-urban migration can only mean higher demand for housing and generally higher real-estate prices. At any given time, some areas may be overpriced or have an element of speculation, but is there is no nationwide real-estate bubble in China.

~Kevin Gin, head of Greater China Property Research, Yuanta Securities in Hong Kong, "Mulling a Play by Superman", Barron's.com, April 23, 2011

1 comment:

TheCharmedLife said...

I wouldn't be suprised if the Chinese economy experiences a huge blow in the next few years. Don't invest.