The frenzied development pace of the world's fastest growing national economy has some fearing an impending real estate bust.
Impressive economic growth and preparations to host the 2008 Olympics in Beijing are leading to soaring real estate prices that have some analysts predicting a bubble that could quickly burst. The country's fortunes have certainly changed in recent years. "Economists now see China as the world's second-biggest engine stimulating global economic growth, behind only the U.S. It is the world's fourth-largest trading power and the fastest-growing major national economy." But the spectacular speed of growth, particularly with respect to new development projects, needs to be carefully controlled.
Thanks to Erin Clark
Read the full story: China's Boom May Be Building Toward a Bust
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
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City of Rosemead
Rutgers University, Edward J. Bloustein School of Planning and Public Policy
One Hundred Miles
University of Michigan School for Environment and Sustainability (SEAS)
Hunter College, City University of New York (CUNY)
The Architects Foundation
City of Cambridge
The Pocatello Development Authority
The Urban Renewal Agency of the City of Pocatello