Saturday, Jun 10, 2017

There is such a thing as HPC after all

Onenewspage: Crowd of house buyers rush into estate agentsin China after prices plummet

Video showing a big crowd rushing into an estate agent's office in China to buy real estate after house prices crash. It must have been a very sudden crash for people to fall over each other like this. Central and local governments have been curbing house price growth all year - by restricting the buying of second homes, increasing deposits and reducing property developers' borrowing to buy land. (I posted this video on Thursday but it didn't appear - maybe I didn't use my admin password, so apologies if it turns up again later.)

Posted by icarus @ 08:50 AM (2445 views) Add Comment

1 Comment

1. nickb said...

Wot no comments? The vid actually shows people rushing the visa application office for entry into the UK following the Brexit vote. They are doubtless going to buy places in Enfield and also on the Crossrail and HS2 routes.

Tuesday, June 13, 2017 03:08PM Report Comment
 

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