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Diclotican

(5,095 posts)
9. DCBob
Sun Apr 1, 2012, 09:24 AM
Apr 2012

DCBob

It could be. the building boom, and the economical boom, who have made China and given their people a wealth unknown for most of the Chinese history, wil end up in a bust sooner or later.. It all depend how they want to do it.. slowly and careful, or brutal and hard... It exist many cities around in China, who are brand new, and build where no one have been living before - but where no one live, because the properties is to expensive for the common man to even get their hand into.. Many have also used loans, or their new riches to buy houses, and make a bet that the property would be more worth 10 year down the road, than today... That is a hard bet, if thee economy is going down the tubs in 5 years time...

Diclotican

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