Real Estate

Edifice Complex: China Is the World’s Largest Skyscraper Factory, Again

For the ninth year running, China topped the world last year for the largest number of new skyscrapers 656 feet tall or taller. A record 84 high-rises were completed in the country out of 128 globally.

The investor looking to put money into Real Estate in China should undoubtedly take into account the financial and political background and legal frame offered by varied publications. Almost all of the massive fund companies have a fund that is designed for exposure to the expansion of Real Estate in China and other Asian countries.

In the years leading up to the 2008 financial crisis, the real estate sector in China was growing so rapidly that the government implemented a series of policies – including raising the required downpayment for some property purchases, and five 2007 interest rate increases – due to concerns of overheating.

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