China industry spotlight: Real Estate
You can hardly watch any news on TV these days without hearing about China’s real estate bubble. Is it a bubble, is it going to cause a financial crisis to come to China? No one knows for sure, but one thing is certain: Chinese people all want to own their own place and preferably two. It is quite normal for Chinese parents to purchase an apartment they plan to give to their child even before their child is born! As a result of Chinese people buying two or more apartments, the housing market is experiencing a huge boom. Chinese people can’t invest in the stock market very easily so housing is seen as a much safer investment. All of this extra investment is causing housing prices to climb and climb. But you know what they say about things that go up! Now the Chinese government is trying to figure out ways to cool the market before something happens like what the US experienced in 2007.
China is the perfect place to start a career in real estate. The market is not only hot but also home to the world’s largest population! And people all need roofs over their heads. The real estate market is going to be an important industry in China for many years to come regardless of any bursting bubbles.
Getin2China can help you intern in real estate and learn more about China along the way with an internship in Beijing or an internship in Shanghai. Internships are the perfect opportunity to test different industries and company environments to learn about what type of career best suits you.
- Compile data
- Analyze house trends and policies
- Assist with appraising
- Keeping a database
- Assist with market research
- Participate in property tours
Experience and qualifications
To find an internship in China in real estate, communication and interpersonal skills are required. Research, analysis and writing ability is also desired.