USEUROPEAFRICAASIA 中文双语Français
Home / Youth

'Land kings' signify divergence

By Xinhua | China Daily | Updated: 2015-12-14 08:05

Record prices of big cities' plots don't signal a sound housing market

The return of "land kings" - as plots sold at record prices are dubbed in China - has highlighted duality in the property market.

The overall property industry in China has struggled with unsold houses and apartments, but with land prices soaring again in big cities the picture is even more skewed. In smaller cities the glut of units is greater than that in the big cities.

'Land kings' signify divergence

Today's Top News

Editor's picks

Most Viewed

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US