Author: 468259058

The Mist of Housing Market [Copy link] 中文

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Post time 2012-8-16 07:56:16 |Display all floors
liuyedao Post time: 2012-8-16 02:18
Zionist-controlled Wall Street did it.

Is there housing market bubble in China?

If so, Wouldn't you fear that housing market bubble would drive China's economy sharly down in future?

Who caused that?

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Post time 2012-8-16 08:22:56 |Display all floors
468259058 Post time: 2012-8-16 07:56
Is there housing market bubble in China?

If so, Wouldn't you fear that housing market bubble woul ...

Property prices compared to average salaries in China are astronomical.

Build quality is poor - no insulation or double glazing, poor plumbing, no damp courses and some of the concrete I've seen poured had pieces of rock the size of your head in it.

To make matters even better, no 999 year land lease like in the west, but a measly 70 years. Will everything be snatched back then (assuming they actually manage to stand that long)?

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Post time 2012-8-16 13:55:02 |Display all floors
This post was edited by 468259058 at 2012-8-16 13:58
Chegsyboy Post time: 2012-8-16 08:22
Property prices compared to average salaries in China are astronomical.

Build quality is poor - n ...


Heheh..
If the housing value is really high enough, even prices is sky high, maybe it is not a price bubble. We need to compare the housing price with the costs of a housing project to judge if there is a bubble.

But if huge amount of major companies in most of industries hurried to buy land and to launch housing projects, then sth must be wrong, probably serious wrong.

If many state-owned (Central government-owned) companies still refuse to cancel the housing projects even after central government published the prohibition, then there is probably a problem. Sky high profits would drive all of companies crazy. Of course, high profits from selling land would also drive local govenrment crazy.


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Post time 2012-8-16 19:13:32 |Display all floors
468259058 Post time: 2012-8-15 11:10
70% money of a house are going into the pocket of government.

Let us do a calculation: (on averag ...

similar concept here in Australia

I wondered why the governments, on both sides, decided to expand mortgage debt

the reason, I think, is tax revenue

governments make profits on land tax, property sales, agent fees. The bigger the sale, the bigger the slice of tax.

it ends in tears for everyone, ultimately, for the system relies on expansion

at some point, there are no buyers


(beast ex machina)

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Post time 2012-8-16 19:15:34 |Display all floors
468259058 Post time: 2012-8-16 07:56
Is there housing market bubble in China?

If so, Wouldn't you fear that housing market bubble woul ...

No, there is not and the Chinese government will be able to handle the problem.

Why don't you mind your own business and don't mess into China's internal affairs?

Seems your thugmaster obsessed blame everything toward the Chinese for everything goes wrong in your own country.

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Post time 2012-8-18 11:29:19 |Display all floors
The sky high profits drove many bosses from manufacture industry into property market. The real economy is going down and the bubble of property market is going up.

Local government wanna promote manufacture industry for raising GDP, however, bloodying profits from selling land is dragging them slowly.


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Post time 2012-8-19 14:18:34 |Display all floors
468259058 Post time: 2012-8-18 11:29
The sky high profits drove many bosses from manufacture industry into property market. The real econ ...

You should read more how Fannie and Freddie destroyed yank's economy.

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