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Teaching Economics

In the News

China's spiralling property prices

Graham Watson

15th December 2016

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A lengthy piece looking at the state of the housing market in China and using the 'b' word: bubble. Prices in Hefei, the capital of Anhui province in eastern China, have risen by 47%; in Beijing, they rose by 28%, making housing in many urban centres unaffordable for migrant workers.

More worryingly, debt levels are such - at around 250% of GDP that many observers are worried about the capacity of the economy to sustain growth in future. Could 2017 see the Chinese bubble burst?

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Graham Watson

Graham Watson has taught Economics for over twenty years. He contributes to Tutor2U, reads voraciously and is interested in all aspects of Teaching and Learning.

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