China’s Future Real Estate Development Tendency
DOI:
https://doi.org/10.54097/gq1x6962Keywords:
Real estate development; Tax; Liability; Threat; Outcome.Abstract
The world’s real estate businesses have been growing at a staggering rate. As the economy increases in many countries, people's demand in purchasing real estate rises, starting a new era of real estate businesses, success is seen in many parts of the world. Real estate development is a risky business, developers have to be extremely cautious with every step, keeping an eye on every possible detail that would cause the whole project to collapse. Focusing on our main objective, what is the real estate development rate in China like? According to an analysis report about the bankruptcy rate, it shows that there are a total of 308 real estate companies that faced bankruptcy in 2022. Every year a minimum of 300 real estate companies will collapse but compared to the current surviving company (124665), the percentage is calculated to be 0.25 percent of the total market. Experts have tried to estimate the future trend of real estate development, but because of the complicated systems, it's hard to see a clear result. But as government policies and the economy flow up and down, China’s real estate development cannot be underestimated. This paper aims to discover the future development of China’s real estate development, estimating whether the real estate business will go on a down road or an upload. Giving an insight, a rough conclusion that answers the doubts in people’s minds.
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