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Thread: Buy Property or Real Estate in China ? How ?
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[quote=ELCABRON ,13936]THere are not only regional difference, I guess there is also a quick change in time.A friend told me that you can buy property but you actually only buy a time restricted usufruct for some 50 or more years. This can be extended later, but on the other hand the government has a very strong right of exproppriation, so that even if the contract still runs but "they" have a new project for your area - you are out;-) But they offer some kind of compensation.In Hangzhou a few years ago, a foreigner also had to buy property only by a real estate agent...I dont know why....[/quote]
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