Capital shifting to China

The media tend to blame middle-class and overextended homebuyers for changes in loan rates and less available capital for mortgages, but media is about profitable headlines and not about research.

Here’s a snippet from China indicating where capital is turning:

Statistics show that capital from North America accounted for 51 percent of investments in China’s real estate.

Beijing and Shanghai remain the priority choices of foreign real estate investors. Beijing attracted 49 percent of the investment, followed by Shanghai which claimed 45 percent of the money.

The percentage of foreign investment in advanced residential buildings rose from last year’s 7 percent to 36 percent in the first half year.

Foreign capital holds the largest share of investments in advanced office buildings — 42 percent — and 12 percent of retail and hotel investments.

Foreign capital holds the largest share of investments in advanced office buildings — 42 percent — and 12 percent of retail and hotel investments.