China Housing: Watch The Money
China’s new housing bubble is something that we’ve covered several times here ValueWalk. Most the time we’ve concentrated on home price growth in China’s tier 1 and tier 2 cities where the growth is most alarming.
However, one area of the housing market with not covered as much is the mortgage lending market. With the surge in new home loans amid months of record-high property sales, a key question is whether the strong lending trend is sustainable.
China Housing: Watch The Money
Mortgage lending in China is extremely accommodative and mortgage rates are hovering at historic lows. It is no surprise then that new home loan growth has recorded strong growth since mid-2015....
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