|
Front Page of the Day
A turning point in the real estate market?Posted by Banyue, December 18, 2007 5:02 PM
 Southern Metropolis Daily December 18, 2007 The lead headline of today's Southern Metropolis Daily reads: "The price of housing in Guangzhou plummets 1,000 yuan." According to statistical data from the Guangzhou Land Resource and Real Estate Management Bureau, this is a 9.9% decrease. Total trading volume dropped 41.4%, and the price of land also returnd to 2006 levels. The Guangzhou government has published new income requirements for affordable housing purchases: applicants for affordable housing must have an annual income below 100,000 yuan. The second headline is also about real estate: the depressed property market in Shenzhen. Buyers are holding on to their money and renting rather than buying, causing rents to rise rapidly in some rural areas engulfed by the city. The front page photo shows a workshop that collapsed in Zengcheng, Guangzhou. Eighteen workers were on the job when the 1,700 square meter roof fell down, killing one and injuring ten. The cause is still under investigation.
There are currently 0 Comments for A turning point in the real estate market?.
|
Partner Links
Jobs in China
Recent Comments
affordabe on
Blogspot unblocked, but Blogger is blocked
Adam J. Sc on
Snow in Beijing
Peter Kauf on
Bound feet in China
Media Partners
Visit these sites for the latest China news
China Media Timeline
Major media events over the last three decades
Danwei Model Workers
 Recommended blogs and new media
Books on China
 Xujun Eberlein's Apologies Forthcoming: Hong Kong's Blacksmith Books has published a short story collection by Xujun Eberlein.
Princess Der Ling: Two Years in the Forbidden City: Two years in the Forbidden City is largely a reminiscence of the minutiae of life for one of history's most powerful women, by one of her court attendants, a Manchu noble's daughter by the name of Der Ling.
Carl Crow's The Long Road Back to China: In 1939 Carl Crow - an American journalist, advertising executive and author who had lived in Shanghai for 25 years until forced out by the Japanese - travelled up the Burma Road from Rangoon to Chongqing on assignment for Liberty magazine － 'the most interesting assignment I have ever been given'.
Front Page of the Day
A different newspaper every weekday
From the Vault
Classic Danwei posts
+ The 'national' in National Day (2006.10): Xiao Feng writes about China's national flavor, national curse, national bird, national car, and so forth, Dongfang Yu writes on the true meaning of China's National Day in the age of angry youth. + Don't ask so laowai don't have to tell (2008.07): An essay was written by Geremie Barmé, scholar, filmmaker and author of the new book The Forbidden City. + Religion and government in an uneasy mix (2008.03): Phoenix Weekly (凤凰周刊) article from October, 2007, on government influence on religious practice in Tibet.
Danwei Archives
Danwei Feeds
Via Feedsky
 (on the mainland)or Feedburner  (blocked in China) Main feed: Main posts (FB has top links) Top Links: Links from the top bar Danwei Jobs: Want ads Danwei Digest: Updated daily, 19:30 |
 |
Chinese media, advertising, and urban life. |
|
tweet
facebook
bookmark
HaoHao
digg