Property has been one of the pillars of China's boom. Not only does real estate account for about a quarter of all investment, but there have been huge spillovers into the rest of the economy. Hundreds of millions of Chinese bought their first home over the past decade, sparking spending on televisions, washing machines and air conditioners.
房地產(chǎn)一直是中國經(jīng)濟繁榮的支柱之一。房地產(chǎn)投資不僅占到所有投資的四分之一左右，而且一直對其它經(jīng)濟部門產(chǎn)生了巨大的溢出效應。過去的10年，數(shù)億中國人購買了自己的第一套住房，這帶動了電視、洗衣機和空調的消費。
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