Paper Title
China’s Housing Crisis- A dream out of reach?
Article Identifiers
Authors
Chinmay Kapoor
Keywords
China Housing Crisis
Abstract
China's once-booming housing market is facing a significant downturn, characterized by plunging prices, developer defaults, and buyer boycotts. This crisis, unfolding since 2020, stems from an interplay of factors: • Debt-fueled development: Decades of rapid urbanization and easy credit led to overbuilding and excessive developer leverage. • Policy shifts: Government regulations introduced in late 2020 aimed to curb speculation and debt in the sector, inadvertently triggering a market correction. • Changing demographics: A shrinking working-age population and slowing income growth dampen demand.
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How To Cite (APA)
Chinmay Kapoor (April-2024). China’s Housing Crisis- A dream out of reach?. INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT, 9(4), f188-f193. https://ijnrd.org/papers/IJNRD2404526.pdf
Issue
Volume 9 Issue 4, April-2024
Pages : f188-f193
Other Publication Details
Paper Reg. ID: IJNRD_217586
Published Paper Id: IJNRD2404526
Downloads: 000121216
Research Area: Management
Country: Bangalore, Karnataka, India
Published Paper PDF: https://ijnrd.org/papers/IJNRD2404526.pdf
Published Paper URL: https://ijnrd.org/viewpaperforall?paper=IJNRD2404526
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Journal Name: INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT(IJNRD)
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