Everyone understood their opportunity: real estate. In China, it is always real estate.
From Red Capitalism, pg38, before launching into a description of the Great Hainan Real Estate Bust of 1988 to 1993.
…the stormy situation in national large midsize cities’ housing prices has created a new real estate market craze
From a People’s Daily editorial on Tuesday.
It’s the “biggest bubble in history”
From China’s richest man Wang Jianlin, Sept 28th, on the current state of the real estate market and before… well that bit hasn’t happened yet so we are fine sticking with maybe nothing, but maybe something pretty bad at some point in future.
Continue reading: Chinese property goes up, Chinese property goes down
Everyone understood their opportunity: real estate. In China, it is always real estate.
From Red Capitalism, pg38, before launching into a description of the Great Hainan Real Estate Bust of 1988 to 1993.
…the stormy situation in national large midsize cities’ housing prices has created a new real estate market craze
From a People’s Daily editorial on Tuesday.
It’s the “biggest bubble in history”
From China’s richest man Wang Jianlin, Sept 28th, on the current state of the real estate market and before… well that bit hasn’t happened yet so we are fine sticking with maybe nothing, but maybe something pretty bad at some point in future.
Continue reading: Chinese property goes up, Chinese property goes down