ABSTRACT

This is the first book to fully present, analyse and interpret the Chinese real estate market.

Dr Junjian Albert Cao examines the Chinese real estate market’s growth trajectory, unique governance and factors affecting values and investment in the context of reforms, rapid economic growth and urbanization.

The book provides essential insights into the institutional change surrounding the development of the property market, government intervention at local and national levels, taxes and other regulatory charges, and factors such as market practices, economic changes, government policies and social changes that affect the value of real estate.

Furthermore, the book analyses academic and policy debates on issues such as:

  • commercial property investment
  • housing price inflation
  • property rights protection
  • affordable and social housing
  • market practices and regulation
  • environment and sustainability
  • taxation
  • property-led growth
  • and the reliance of local economic growth on the property sector

The book offers a comprehensive, in-depth and up-to-date account of the Chinese property market and presents a full assessment of the investment potential of Chinese real estate. It is a must read for students, academics and real estate professionals interested in this fascinating real estate market that has implications for Chinese and the world economies.

part I|51 pages

Contextual factors

chapter 1|17 pages

Introduction

part II|79 pages

Market development

chapter 3|21 pages

The land market

chapter 4|32 pages

The housing market

chapter 5|25 pages

The commercial property market

part III|63 pages

Market regulation

chapter 8|21 pages

Property finance and taxation

part IV|95 pages

Real estate development and investment

chapter 9|31 pages

Housing

chapter 10|31 pages

Commercial property

chapter 11|17 pages

Indirect investment vehicles

part V|57 pages

Future directions and conclusion

chapter 13|23 pages

Rebalancing the housing provision

State and market

chapter 14|24 pages

Repositioning of the property sector

chapter 15|9 pages

Conclusion