buying property in china
China may not be top of everyone’s list as a property investment destination, and after seeing these two apartment buildings lean so far towards each other that they are now touching, I will certainly be a little more cautious as should anyone considering property investing in China.
More on Property investing in China – beware the leaning apartment buildings
Dropping property prices after an unrealistic boom period are causing small speculators issues in China
“When the real estate sector was booming, every morning, the first thing I did was to think how much I’d earned. Now, the first thing I do is think how much I’ve lost,” says Liu Bin, a Shenzhen real estate investor.
“I’m in a very awkward situation. All I can do now is to rent rooms out for the money to pay bank loans.” Liu says.
