¨China
 Real Estate Yea-Sayers:
 ¨Urbanization
 Process
 ¨Economic
 Growth
 ¨Emerging
 middle class with aspirations and increased income
 ¨Lack of
 good quality real estate stock to satisfy demand for
 quality
 ¨Huge
 Savings and Reserves
 ¨Let’s
 play          
 on the above…
 ¨
 ¨