Real Estate Investing in China Just Got Tougher For Foriegners
If you are looking to invest in the mercurial real estate market in China, you probably are going to have a tougher time of it in the coming couple of years. Government regulators have issued tougher restrictions on foreign property investment to try to slow down the rampant appreciations of property value.
While the larger cities such as Shanghai have already hit bubble stage, secondary cities such as Dalian, Qingdao and Hangzhou are just starting to see investments coming into the real estate markets. Communist regulators are afraid of property values skyrocketing in these cities and hurting the lower middle class.
A STRICTER approval process will be applied to foreign investment into China’s real estate market, especially in the high-end sector, according to a notice jointly released by the country’s top two regulators.
The notice, published by the Ministry of Commerce (MOFCOM) and the State Administration of Foreign Exchange (SAFE), will give the MOFCOM authority for final approval of a project. It also imposes a strict threshold on foreign investor applications to establish real estate companies. Only those that have land use rights and own property can establish real estate firms. via The Star
Well Tom, once again you have said it much better than I could have. Unfortunately the folks at Move, ...
It certainly does not bode well for a fast recovery in the economic climate. This will affect all real estate ...
I HAVE 25 YEARS EXPERIENCE IN TELECOMMUNICATIONS..HOW DO I APPLY AT KAI. 
Definitely not a fan of Move Inc.!!! 
A lot of you really need to go back to kindergarten and learn to spell correctly. If you cannot spell ...
In 2008, there was an extension to push first-time home buyers to purchase their homes quickly since the program did ...
I also need HELP and don't know what to do about my problem. I have a garden apartment off ...
I have the same situation. I sold my home in July and am scheduled to to close in a few ...
My cousin in Maryland going thru same thing as Jack Thomas. Have loan Mod Agreement from Countywide dated April 2009, ...
Print Ads is the popular way to advertise among seniors in the business industry but today it seems like it ...
Pingback by TrafficCourt » Blog Archive » Investing in China to Get Tougher? on 20 August 2007:
[...] (Via Real Estate bloggers.) [...]