China's Dangerous House Price Boom Is Spreading
- Shanghai, Beijing joined by regional cities in boom era
- Tropical Haikou displays fastest property leverage run-up
China's Spreading Real Estate Risks
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Beijing and Shanghai are now well known for their ballooning house prices -- double-digit gains last year prompted more regulatory tightening. But the risk factors that could decide the fate of China’s property boom can be found well beyond the capital and biggest city.
A close look at the available economic data of ten cities reveals big differences in the factors that can inflate, and deflate, property bubbles, including population growth, income gains and the ratio between house prices and pay.