Last Updated on January 25, 2008 by stlplace
Q&A about housing price in China, by Vanke (000002.SZ) Chairman Wang Shi. He wrote those Q&A in his own blog.
I put it together here because it’s a bit hard to read 7 articles separately. I left out couple tables because it’s hard to paste.
I’m interested in the Chinese housing for two reasons:
1) My wife and I are thinking about work and live in China in the future.
2) Like the Chinese stock market, the China housing market is also very interesting. I think there is a lot to learn from the leader like Vanke (how they got here, which direction are they going), either from business or social point of the view.
Q7 问：高档住宅供应少，调整的可能性不高，不是吗？
答：就本次调整而言，金融环境的变化、市场信心的起伏具有统一性，对各个细分市场都会有影响。但各个城市的各个细分市场发展阶段和供求情况有所差异，不可一概而论。一般而言，普通住宅主要是满足中等收入家庭的自住需要，这部分住房需求比较稳固，基数也比较大，我们并不认为这个市场面临较大的价格下滑风险。高档住宅供应少，早已在大家的普遍预期之内，其绝对价格已经包含了这一因素。在高档住宅供应比例保持稳定的情况下，过快的价格涨幅同样会蕴含风险。
Q6 问：工厂化生产的住宅更贵，性价比并不高，您怎么看？