Shanghai’s real estate sector in doldrums [China]

Shanghai’s real estate sector in doldrums [China] Investment in Shanghai’s real estate market is expected to grow less rapidly and become more vulnerable to policy uncertainties in 2008, according to several large real estate service providers. Real estate investment saw a slowdown in the fourth quarter last year, with only one notable sales transaction completed …

Business coalition opposes hike in real estate transfer tax [Chicago]

Business coalition opposes hike in real estate transfer tax [Chicago] Calling a proposed 40 percent increase in a government fee charged on Chicago home buyers “the wrong tax on the wrong people at the wrong time,” a coalition of real estate agents, home builders and business interests Thursday urged the City Council to delay a …