China Property Spirals - Joe Blogs

In this video I discuss the ongoing disaster in the The Property Sector which continues to get worse. The property sector has accounted for around 25% of the Chinese Economy over the past few years and its collapse over the past few years has caused major problems for China. The latest data shows that New Property Prices and Sales revenue continue to fall however one very disturbing issue is what is happening with existing property sale. The Chinese Authorities have been gradually lifting the restrictions around the resale of property and this is now leading to plunging prices and if this trend continues it represents further disaster for the sector and the Chinese Economy.

Chapters:
0:00 Intro
1:05 NEW PRICES
3:02 $100K PURCHASE
4:57 NEW SALES
6:11 RESTRICTIONS
9:17 RESALE PRICES
9:55 VOLUMES
11:05 PAST 3 YEARS
12:32 $100K HOME
15:23 SUMMARY & CONCLUSION