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Real estate bubble - avoiding crash and housing affordability

https://rayliant.com/the-myth-of-the-chinese-real-estate-bubble/

 But for obvious reasons, reducing home prices is exceedingly unpopular with existing home-owners and lenders. A workable approach, which could take a decade to bear fruit, requires Beijing to work actively to contain property prices while inflation and economic growth raise household income. But a more promising and immediately impactful alternative is a Singapore-like government housing program, where low-cost rentals are built and operated by the state for lower income earners.

...

Beijing is rightly concerned with the social pain caused by this issue. However, there is also an economic problem to be addressed: although Chinese workers have worked and saved excessively, much of their capital has been mis-directed. A significant percentage of the country’s investments have been sunk into the real estate sector. 

Having spent the past several months in China, I see the pain that housing affordability has caused people across the country. I have also seen the economic potential that will be unlocked as this problem is solved. So I say, “Good luck, Beijing!” I hope you have the right solution, even if I don’t know for sure that you do. But I do feel confident you’re at least solving for the right problem.

https://www.imf.org/external/pubs/ft/wp/2011/wp1191.pdf


https://www.forbes.com/sites/forbesrealestatecouncil/2020/06/22/15-tips-for-success-in-a-saturated-real-estate-market/?sh=5c9007ff13bc


https://theconstructor.org/construction/valuation-of-building-methods-calculation/33091/

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