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Real Estate Development and Overbuilding in Second- and third- tier cities in China
KTH, School of Architecture and the Built Environment (ABE), Real Estate and Construction Management.
2014 (English)Independent thesis Basic level (degree of Bachelor), 10 credits / 15 HE creditsStudent thesisAlternative title
Bostadsutvecklingen och förbyggande i andra- och tredjeskiktsstäder i Kina (Swedish)
Abstract [en]

This Bachelor of Science thesis focuses on the real estate development and overbuilding in China’s second- and third-tier cities. A number of interviews have been made in order to, combined with information from respected media sources, get a as neutral picture of the situation in the cities as possible. The steps toward development of new buildings are, not just in China, many and includes a number of different participants. Therefore one will find a number of different opinions as well as problems that originate with the development.

The interviews that were executed for this thesis were with different people that some way or another are active or has been active in the real estate development in the country. The participants were either active in architecture, engineering, development or expertise regarding the country. All the contributors acknowledged the problem of overbuilding in China, however to what extent the problem existed according to the participants varied. Thus several articles and publications have been referred to in the thesis to exclude possible personal opinions.

The thesis includes problems regarding corruption, inconclusive demand analysis’s, "Hukou", governmental visions, urbanization and finally governmental regulations. Conclusively there is not a single factor alone that led to today’s excess real estate development but many different factors that together contributed to the situation.

Abstract [sv]

Detta examensarbete fokuserar på Kinas bostadsutveckling i dess mindre storstäder; andra- och tredjeskiktsstäder. Ett flertal intervjuer har genomförts för att, förutom information genom internationell media, få en så neutral och heltäckande bild av bostadsutvecklingen. Stegen till byggande av nya fastigheter, inte bara i Kina utan i hela världen, innehåller många steg och därmed många olika aktörer vilket medför att en rad olika åsikter om vilka problem som uppstår i och med byggandet.

Intervjuerna som genomfördes var med en arkitekt, byggnadsingenjör, fastighetsutvecklare samt en Kina-expert. Alla deltagande sade att förbyggande av städerna existerade men hur utbrett de olika aktörerna tyckte att problemet var varierade. I och med denna variation av åsikter gällande förbyggande refererar detta arbete till en rad artiklar och rapporter som publicerats via olika respektabla tidskrifter.

Arbetet tar upp problem inom byggande i Kina såsom korruption, bristande marknadsanalyser, "Hukou", höga mål från regeringen gällande urbanisering samt regleringar på statlig nivå. Det är alltså inte bara en faktor som lett till situationen i vissa av Kinas städer idag utan en rad bidragande omständigheter.

Place, publisher, year, edition, pages
2014.
Keyword [en]
China, overbuilding, Ghost towns, real estate development
Keyword [sv]
Kina, förbyggande, spökstäder, bostadsutveckling
National Category
Engineering and Technology
Identifiers
URN: urn:nbn:se:kth:diva-146614OAI: oai:DiVA.org:kth-146614DiVA: diva2:724209
Supervisors
Examiners
Available from: 2014-06-12 Created: 2014-06-12 Last updated: 2014-06-12Bibliographically approved

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