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Consumer Demand For Real Estate Asia-Pacific Affluent Expressing Pent-up Demand for Housing
Indonesia leads for the second year in a row with overall interest in luxury real estate from its affluent class. Strong economic performance from trade in natural resources and finished electrical products has made Indonesia a top-20 country for personal wealth, estimated at $3.8 trillion.
The Chinese economy has faced serious issues over the past 12 months, in particular the crackdown on technology companies by issuing billions of dollars in fines to domestic tech firms. This has hurt in the short term, but positions China for strong growth in the future by enforcing anti-trust rules and thereby increasing competition.
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