Rental market boom is a silver lining for China’s property sector

//Rental market boom is a silver lining for China’s property sector

Rental market boom is a silver lining for China’s property sector

Warren Buffett, the legendary investor, famously quipped that “you only find out who is swimming naked when the tide goes out”. In China, the housing market is having its Buffett moment. Since last July, sales have fallen sharply, plummeting 22 per cent year on year in the first two months of 2022. New home prices in 70 cities have contracted in month-on-month terms almost every month since last September. Beijing’s deleveraging campaign and much tougher regulation have caused an acute…

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By | 2022-04-05T01:15:13+00:00 April 5th, 2022|Business|Comments Off on Rental market boom is a silver lining for China’s property sector