Real Estate Foresight’s data analysis featured in SCMP today: https://lnkd.in/eRgxxf6
In China housing markets, we have been paying particular attention to the developments in the Guangdong-Hong Kong-Macau Greater Bay Area (GBA) and the 9 cities on the mainland – since we published the primer ‘Baywatch’ report on GBA earlier this year, as well as the publicly available GBA Intelligence – with the AI-filtered local news and briefs from the select cities in GBA: https://lnkd.in/fqyk6_H
You can think of the dynamics of land deals in China as a complex game between local governments (their development and financing needs), developers (under tighter credit conditions and facing high land prices and competition), home buyers, and lenders. All under the broader overall policy guidelines where, increasingly, the housing policy is meant to reflect local market conditions, differentiating between cities and their districts.