Since China is running a market-oriented economy based on a totalitarian political system, it will be difficult to analyze China's real estate market using classic economic theories without understanding the role of the Chinese government .
April 2011,
why-chinas-property-bubble-is-different by Kenneth Rapoza
China’s Property Bubble? by Jack Perkowski
Jack referred a very interesting report from Economist Intelligence Unit (EIU), “Building Rome in a day: the sustainability of China’s housing boom”. And I kind of agree with what Jack pointed out that "outside observers like Chanos underestimate the efforts of the Chinese government to avoid a bubble..."
Other old blogs from forbes 2010
Here’s Why Andy Xie’s Latest Claim About Chinese Real Estate Is A Bombshell
Real Estate Curbs Dampen Chinese Billionaires’ Wealth
China Real Estate Needs ‘Cap’ To Avert Full-Blown Bubble: Executive
Reality Check For China’s Real Estate
Chinese Real Estate Bubble Is Bursting
Ghost Towns In China Due to Property Bubble
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