The Chinese have to go to North Korea to speculate? Dandong homeowners: housing prices have risen by 20%

category:Global
 The Chinese have to go to North Korea to speculate? Dandong homeowners: housing prices have risen by 20%


The May 2nd issue of the financial times, the original topic, North Korea peace talks, pulling prices up in Dandong, China. Chinas largest trade hub for the DPRK, the residents of Dandong, will gain unexpected benefits from the recent willingness of the DPRK leadership to participate in peace talks. Local media reported that over the past week, Dandongs overburdened real estate registration center has implemented an appointment number distribution system. The center staff said, many people come to purchase registration procedures, we are simply busy. In the week since the summit of the DPRK and South Korean leaders, interest in buying houses is rising further. A Dandong homeowner said local housing prices had risen 20% since the leaders visited Beijing. Commercial real estate is also rising. However, local residents are cautious about the signs of bubbles coming from the housing market. North Korea dialogue is a positive signal, but within a few days, the development of our new district has changed from no one to housing price. Some companies are taking the opportunity to hype, said a shopkeeper. (the author Yang Yuan, translated by Wang Huicong) Reuters May 2nd article, the original topic: the ultimate frontier market? The relationship is thawed, and the Chinese will turn their attention to the Korean property market. Chinese speculators are starting to note the rapid improvement of North Koreas relationship with other countries in the world, not only pushing up the house prices in Dandong, the border city between China and Korea, and even stimulating the interest of North Korea to buy a house. Last week, a Chinese real estate investment platform website has issued a guide to Chinese buyers who intend to buy a house in North Korea, while some popular WeChat accounts have also published a push on the DPRKs property market in recent weeks. Many people have been asking us how to invest in the Korean property market recently, said Huang Xiaodan, the industry insider. To enter new fields requires policy support and patience to nurture the market. So far, we are only following closely the progress. The reality that North Korean leaders have met with the leaders of China and South Korea and the upcoming talks with Trump have attracted the attention of many investors. A number of interested Chinese customers have consulted me about the purchase of houses in Pyongyang, Yuan Shan and Sinuiji, said Griffin, the founder of a travel agency in Dandong. The agent of the local real estate development enterprise said that in the revitalization area of Dandong and Sinuiji, DPRK, the price of commercial real estate has risen nearly 50% in the past month. Source: Global Times public source: Global Times - World Wide Web. More brilliant, please login to http://www.huanqiu.com editor in charge of World Wide Web: Ji Xue Ying _NN6784. Many people have been asking us how to invest in the Korean property market recently, said Huang Xiaodan, the industry insider. To enter new fields requires policy support and patience to nurture the market. So far, we are only following closely the progress. The reality that North Korean leaders have met with the leaders of China and South Korea and the upcoming talks with Trump have attracted the attention of many investors. A number of interested Chinese customers have consulted me about the purchase of houses in Pyongyang, Yuan Shan and Sinuiji, said Griffin, the founder of a travel agency in Dandong. The agent of the local real estate development enterprise said that in the revitalization area of Dandong and Sinuiji, DPRK, the price of commercial real estate has risen nearly 50% in the past month. Source: Global Times public number