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Originally Posted by 202_Cyclist
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The trade war worries me a bit, but it is not the problem here.
China's new rules on overseas investment are crucial. Seattle can sing a song about it.
Another big problem: Luxury condos don't sell fast enough for companies like Greenland because Chinese property developers are in a debt refinance push.
That's why companies are not that optimistic and investments will slow (not stop) on tighter financing. There are still active Chinese developers like the "Shenzhen New World Group", but they won't dominate our development and future.
It's a great chance for other countries and companies. Chinese investments are not the solution for our housing problem (some argue that they make it worse).
I explained that a couple of months ago. Just take a look at Sydney were Chinese investors were pushing up housing prices for residents.
There are fresh big players in the market like all these new proposals reveal. They don't have to compete against Goliath anymore. Even China spoke about "irrational capital outflows".
That's why some people here were misled. The end of the Chinese investment boom is not the end of the cycle. It's a transition and (if you want) the real beginning.