for me and most of us foreigners here who choose to stay for non economic reasons ie marriage, property is no longer an investment. insteead its simply for marriage. thus i plan to buy one but its not because i agree on its economic valuation. but i will probably leverage or borrow as that way my risk is lower

i dont think u are shanghainese. there is no where in SH inner ring which sells for cny23k (new) and 18k second hand. unless u want to live in baoshan or minhan. mate, dont kid urself. u cannot get a property for that price.

my culture doesnt require a property for marriage but my gf is shanghainese and its required to have a marriage flat

median or no median there is no such pricing. u can choose to believe what u want but i am a practical person. the other thing that u forgot is that most reported prices are just 'lowered' prices to save on tax. the real price is actually the dao shou jia which is the money that the landlord wants. this amounts to much higher pricing. sorry i am a foreigner, not a mainlander. but i am practical.

why?? last i looked i didnt have a chinese passport and never had. mate, prices on the web are fake. they are used by agents to fish. if u really want to believe what u read then by all means go ahead. i have a property to buy and that is not the dao shou jia i am seeing. u can kid urself like the regulators but i think everyday street people are much smarter to know the truth

Prices on the web are real and buyers/sellers stated less in 2 times due registration and it is very common practice. You are maybe practical, but not foreigner. Do you want to know your mistake #1 ? Here NO ONE foreigner start a sentence with a lowercase letter. But chinese do that because in chinese language do not exist that rule.

i like to do things the practical way. why dont we bet? cny50,000 ... if i am a foreigner who has never been a mainlander, u give me cny50,000. if not i will give u cny500,000. yes 1:10 - lets put our money where our mouth is. want to?

second, i will give u cny2.8mio to buy me a 100sq m apartment in inner ring road, except for zhabei, which is 5y old or less. wat the hell, make that cny3mio. if u can do it, send me a message. deal?

64pages in my passport. by the way is citizenship really relevant to this topic. my offer still stand. if u want to bet, send me a message. if not stop calling me a non foreigner. u use wolai i use anjuke. both are the same. web are used by agents to fish. if u can get me a apartment below cny3mio i will pay u. simple. stop wastin time arguing. u want to believe prices are low go ahead believe them. i have more impt things to do

0 is from Taiwan... which is "an inalienable part of China", so I guess he's not a foreigner

hi i do have cny3mio ... why do u beat around the bush and yet not address the true issue, 0? simply go to an agent or call up any agent (most of them are from c21 on anjuke) and try to hit their price and u will know.

anyway i am singaporean but it baffles me why u keep saying i am local. just because of a small caps thing.

for a taiwanese, his sequence of argument really fails. i would say he is not a genuine taiwanse.

man ... ubs maths. great

In my humble opinion I think property prices will stabilise and maybe go up a bit this year. The reason is that inflation is expected to rise and rich have limited options when it comes to parking their cash somewhere. As I think wuyee said, unless the government changes it policies and allows easier outbound investment or incentives for people to put their money somewhere else the prices aren't going to budge anytime soon.

I also do think there will be a rude awakening when people who are heavily invested in the property market want to cash in and move their money somewhere else as they will find it hard to find buyers to meet the inflated prices currently being demanded.

^^The government is considering taxing vacant properties. I think it is a great idea. It will lower both sale and rental prices! Also the gov. can make a lot more money.

In theory it is a good idea but in practice I think it would be difficult to enforce (that's weird for China, I hear you say?). I'm sure people find ways around it, for example by registering family and friends as primary residents in each apartment that they own.

Also I think I read that this tax was defeated in the recent meeting in Beijing.

sure there is no rise. happy now?