2 Pictures and 1 video Showing Why China is the the world’s largest property market

The scale of growth in China is unprecedented in history. While China has the largest population of 1.4 billion people, it also has the largest property market.

Home ownership is strongly desirable in China and In fact, 90% of families in the country own their home, giving China one of the highest home ownership rates in the world. What’s more is that 80% of these homes are owned outright, without mortgages or any other loans.

In recent years property prices have risen by several multiples and has become a much larger part of the economy. In 2007 as much as 8.9% of GDP was on real estate construction.

For any student who has been living in China, you will be familiar with rapid construction and development. The constant buzz and sound of construction, the appearance of new buildings and skyscrapers seemingly appearing overnight.

You may think that this is an exaggeration, but below is a video which shows exactly that. A train station which took 9 hours to be constructed by 1500 Chinese workers.

This image below shows the huge amount of construction which happened in Pudong district in Shanghai. This is an image which can be seen throughout China.

The number of skyscrapers that have been built in recent years is unprecedented in history.

If you are interested in learning more about construction and property in China, you will be interested in the program below.

Tsinghua University has a world leading ICPM program.

Tsinghua is consistently ranked 1st or 2nd in China and among the best in the world for engineering and computer science programs. Located in the North West of Beijing in the University District (Haidian District) on the former site of the Qing Dynasty royal gardens it is also well known for having one of the most beautiful campuses in China. Tsinghua University is also one of the most international Universities in China with over 3,800 international students. 

About ICPM Program 

The Master’s in Engineering in International Construction and Project Management (ICPM) at Tsinghua University is a 2 year program for international students taught in English.

The unique characteristic of this program is to expose students to a new way of thinking, and to create awareness of how Chinese organizations operate, manage, and delivery projects in the fast-changing world. The program is practice-oriented.

The program is open to all applicants, irrespective of professional discipline, who want to develop their expertise in international construction and /or project management.

You can choose the Master’s in Engineering in ICPM, the Summer Program, or the Online Program. Check the link below for more info: