Real Estate Development in China

ILLEGAL DEVELOPMENT: Due to the excess demand of accommodation and the shortage in the supply of houses in

throughout China. “An expansive new infrastructure grid-- which includes a 13,000 kilometer high-speed rail network, over 60,000 kilometers of new highways, and nearly a hundred new airports-- was spread over the country.” (Shepard) Unlike Kibera, China has rapid urban development. They are taking farmland, and turning it into cities. While more than 50% of the world’s population will be living in Chinese cities, the government has been working to make sure that the country’s cities are going to be long-term. “By 2030, Chinese cities will be home to more than 1 billion people- or up to 70% of the population. This rapid pace of urbanization has required some innovative plans in China. Local, regional and national policy- makers and planners are working to ensure the long- term sustainability of the country’s cities.” (Myers)

The Chinese government is implementing methods to bring interest to the cities by moving universities, stated owned enterprises, state owned businesses and banks to jumpstart the ghost cities. Paris and Thames only account for two of the eleven massive vacant cities that have less than 5% occupancy. On CBS News Lesley Stahl (2014) stated that, “this is all make believe, non existent supply for non existent demand.” There are an estimated six hundred more cities in China than there were when the communist party took over in 1949. China has topped the phrase, “Bridge to no where.” Quoted by Kenneth Rapoza (2015) in his Forbes article.

situated 1.5 miles east of the Las Vegas Strip. The property features retail space on the main

Some of the economists even debate that China’s government will not allow the pop. As shown by the statistics, about 90% of the population own at least one home, where 65% of people’s investments are in the property market. If the bubble were set to pop, the Chinese government will not be able to afford the consequences of the social unrest (The Bloomberg, 2014). So Xi will use all the necessary means to avoid the housing market from crashing down. One of the attempts is to implement a charge of 20% property tax on the sale of the second home; and the other is to require a 70% of down payment in the case of buying a second home. Not quite of a surprise though, before the new policies come to effect, the real

Although Tokyo is developing every day, “some traditional and historical artifacts, monuments and some activities still exist. Modern and traditional coexistence become a major feature of the city.” ("Tokyo", n.d.)

Always arrive exactly on time for a banquet. Never arrive early for dinner. This implies that you are hungry and that you are here only for the food.

Beijing is the capital of China and one of the most populous cities in the world. The current population as of 2014 was over 21 million. The area of Beijing Metropolitan Area (BMA) is 16,410 square kilometers. According to land use dataset of Beijing Institute of City Planning, the total urban area as of 2012 was 1,675 square kilometers. The BMA currently comprises 16 administrative subdivisions, as presented in Figure 1.

Since the estate market has experienced a dramatic development and the soaring speed of housing price has been warned by scholars and entrepreneurs (Jethro Mullen, A. S. 2016). According to the data from National Bureau of Statistics of China, Zhaoyingzi Dong, Eddie C.M. Hui and Shenhua Jia find that the consumption rate reduced while the housing price in China increased significantly during the period from 2000 to 2014. So, does the rise in housing price suppress consumption? To address it, the writers introduced two main points in academia, wealth effect and substitution effect. After observing the data and estimating models, they combine these two points and provide a new understanding of the impact of housing price to

Farmland protection has become a contentious political issue in China due to the loss of cultivated

Beijing is the capital of the People's Republic of China; Beijing is the nation's political, economic, and cultural center. Meanwhile, as one of the six ancient cities in China, Beijing has been the heart and soul of politics throughout its long history and consequently there is an unparalleled wealth of discovery to delight and intrigue travelers as they explore the city's ancient past and exciting modern development. Now it has become one of the most popular travel destinations in the world, with about 140 million Chinese tourists and 4.4 million international visitors in a year. As a Chinese, Beijing should be the first place where you should plan to visit. Besides, a sea of delicious food, such as Beijing Roast Duck, Mongolian Hot Pot and so on, and remarkable and grand scenic spots, like Badaling Great Wall and The Summer Palace. Next, I will introduce in detail.

In the past fourteen years Lebanon have witnessed a rapid growth in the real estate sector, which raised the prices of the apartments by 560% from the year 2000 till year 2010 which recorded a peak in the prices in this sector, to stabilize on this prices till recent time. A slight decrease in this prices was registered in year 2006 because of the Israeli aggression , and in the year 2008 due to "7th of may" incidence , but after each incidence causes a decrease in prices a remarkable increase is recorded, not just to the past value but more.

The map shows that the expansion of the city from 1984–2006 for about 20 years indicated in yellow and green colors is smaller than the expansion of the city from 2006 –2016 in the past 10 years. The expansion of built-up area in 2016 is very special in that it covered the study area wall to wall and increased by a large amount of land which indicates rapid and unprecedented urban growth of the city consuming the surrounding non-built-up areas. This type of urban growth is a typical urban sprawl increasing in all direction.

South Beach is a unique integrated development in the centre of one of the liveliest of Singapore’s districts. The development will include both residential and business premises in a luxury condominium with apartments, penthouses, first class office spaces and retail outlets. South Beach will also have a hotel, an exclusive members club and countless recreation amenities and opportunities.

Housing cost and shortage are the significant problem in Hong Kong. In some housing environment, the living condition is unacceptable. Due to this reason, the wealth-gap becomes wider and wider. According to the 2014 Policy Address, less than 75 percent of private living area has a marketable area which more than half square metres. One of the citizen said he lived in Mong Kok, his revenue could not afford the rent. As a result, he never wishes to have two or more children (119). In this essay, it first determines the reasons what the housing problems in Hong Kong are, and how they can affect people’s living standard.