interestrateripoff Posted June 25, 2010 Share Posted June 25, 2010 http://globaleconomicanalysis.blogspot.com/2010/06/gold-diggers-in-china-say-show-me-house.html Attitudes of Chinese women are one factor helping fuel the housing bubble in China. Increasing numbers of women insist on a new apartment and a new car as a condition of marriage.The LA Times has more on this interesting story in China's housing boom spells trouble for boyfriends. Many women won't marry a man who doesn't own a home. This recent shift, along with soaring real estate prices, has created a woefully frustrated class of bachelors. "A man is not a man if he doesn't own a house," said Chen Xiaomin, director of the Women's Studies Center at the Shanghai University of Political Science and Law. "Marriage is becoming more and more materialistic. This is a huge change in Chinese society. No matter how confident a woman is, she will lose face if her boyfriend or husband doesn't have a house." Dating websites are now awash with women stipulating that hopefuls must come with a residence (and often a set of wheels) in tow. "I'm 25 years old, looking for a boyfriend.... I want you to have an apartment and a car.... The apartment has to be built after 2000 and the car has to be better than a minivan," read one post on the popular Chinese Web portal Baidu. Growing male frustrations have given rise to a new female archetype: the bai jin nu, or gold-digger. On the wildly popular TV reality program "Don't Bother Me Unless You're Serious," one woman tried to size up a suitor by asking matter-of-factly, "Do you have money?" The man cut to the chase: "I have three flats in Shanghai." The hard-boiled bachelorette, Ma Nuo, has gone on to become one of China's most recognizable bai jin nu. Marry for love? Fat chance, said the material girl: "I would rather cry in a BMW than smile on the back of my boyfriend's bicycle." Chasing the Chinese Dream The article points out that home prices in major cities including Beijing and Shanghai have easily doubled over the last year. "A typical 1,000-square-foot, two-bedroom, one-bath apartment in the capital now costs about $274,000. That's 22 times the average annual income of a Beijing resident." China bulls, including Stephen Roach says China's Housing Boom is Not a Bubble; I say "Nonsense" In China, there are malls, even entire cities that are vacant. A huge percentage of units in China are held for appreciation, never lived in. Yet because there is "demand" for property, Roach claims there is no bubble. Nonsense. Ridiculously strong demand is a necessary requirement to produce a bubble. The second requirement is a price increase that exceed the ability of buyers to repay the loans or sell to the next "Greater Fool". In the US, home prices rose several standard deviations above rental prices and above wages. The same has happened in China. Thus, China's property boom is in a bubble state. For more on China's property bubble please see 10 Signs of Speculative Mania in China and a followup article, Email from a Chinese on China's Real Estate Bubble. Love Chinese style. Amazing how the communists have become materialists. Link to comment Share on other sites More sharing options...
InternationalRockSuperstar Posted June 25, 2010 Share Posted June 25, 2010 well with all the chinese girls that have been killed at birth, the ones that make it to adulthood are in a strong negotiating position, no? Link to comment Share on other sites More sharing options...
ken_ichikawa Posted June 25, 2010 Share Posted June 25, 2010 well with all the chinese girls that have been killed at birth, the ones that make it to adulthood are in a strong negotiating position, no? No really, China is filled with prostitutes from all of the poorer regions of Asia, filipinos Mongolians, Thais, Vietnamese, Laotian etc... Its why I hate staying in hotels in China, you get phoned up repeatedly at night asking if you want a massage. I always end up yanking the phone out of the socket. In China people have few options the three Fs in life, farming, factories or fornicating (becoming WGs) you should see how many MALE WGs are in HK these days. Finally ontop of this, many many people are getting wiped out in China too so while they may well be wealthy today they maybe poor tomorrow, and while you maybe a looked after woman it can all change quite quickly! Link to comment Share on other sites More sharing options...
ken_ichikawa Posted June 25, 2010 Share Posted June 25, 2010 Amazing how the communists have become materialists. Erm I'm sorry but it has always been this way, have a look at my blog for explainations on Chinese weddings, a negotiation takes place in traditional weddings long before the suitors meet and pretty much how much is my daughter worth to you is discussed well before hand. So nothing has really changed it has just become much more overt and TBH it is going to end up like in Hong Kong, the women in Hong Kong by enlarge are incredibly shallow and materialistic some might say they are princess types (watch in China how men hold the hand bags of their GFs I don't). The problem is HK men simply don't want HK women anymore as they are incredibly high maintainance, before I realised the rule a GF should make you feel good I dated HK girls and they were soooo needy and whiny. I have a ton of 30-45 year old cousins and family men in HK who snicker at me when my dad says wife to them, all of the house hold chores can be done with indonesian maids and instead they go fly out to Thailand or take a boat to Macau to get their rocks off. Link to comment Share on other sites More sharing options...
Guest happy? Posted June 25, 2010 Share Posted June 25, 2010 http://globaleconomi...w-me-house.html Love Chinese style. Amazing how the communists have become materialists. I think you'll find that Marx' theories were always materialist - as I recall Dialectical Materialism. Link to comment Share on other sites More sharing options...
Guest Noodle Posted June 25, 2010 Share Posted June 25, 2010 As many of you know, I made the near fatal (in the literal sense) mistake of marrying . . . Anyway, we went to the UK to see mother one year. This was a disaster. Popped into Asda and ended up buying new clothes and I hadn't noticed . . . 'GOLD DIGGER' . . . written in bright pink letters all the way down the left leg of the old womans new trousers. Anyone else get this? Visual and/or audible symbolism of ones train wreck situations? Link to comment Share on other sites More sharing options...
ken_ichikawa Posted June 25, 2010 Share Posted June 25, 2010 More proof towards the adage of Felix Dennis ~ if it ******s flies or fornicates, it always ends up cheaper to rent in the long term. Link to comment Share on other sites More sharing options...
R K Posted June 25, 2010 Share Posted June 25, 2010 No really, China is filled with prostitutes from all of the poorer regions of Asia, filipinos Mongolians, Thais, Vietnamese, Laotian etc... Its why I hate staying in hotels in China, you get phoned up repeatedly at night asking if you want a massage. I always end up yanking the phone out of the socket. Be kind to your c*ck and your c*ck will be kind to you. Link to comment Share on other sites More sharing options...
The Masked Tulip Posted June 25, 2010 Share Posted June 25, 2010 If you go on dating sites in the UK like datingdirect and plentyoffish you will find no shortage of women stating the same in their profiles. Wise men avoid. Link to comment Share on other sites More sharing options...
Guest sillybear2 Posted June 25, 2010 Share Posted June 25, 2010 No really, China is filled with prostitutes from all of the poorer regions of Asia, filipinos Mongolians, Thais, Vietnamese, Laotian etc... Its why I hate staying in hotels in China, you get phoned up repeatedly at night asking if you want a massage. I always end up yanking the phone out of the socket. Is that a euphemism? Link to comment Share on other sites More sharing options...
ken_ichikawa Posted June 25, 2010 Share Posted June 25, 2010 Is that a euphemism? No you just pull the telephone out of its socket. Chinese hotels have gotten smart to this and have them plug into the wall and can't be pulled out though. Beijing 2002 and 2005 I was woken constantly in each hotel offering such services. 2009 I didn't stay in hotels to avoid this. Link to comment Share on other sites More sharing options...
Guest sillybear2 Posted June 25, 2010 Share Posted June 25, 2010 No you just pull the telephone out of its socket. Chinese hotels have gotten smart to this and have them plug into the wall and can't be pulled out though. Beijing 2002 and 2005 I was woken constantly in each hotel offering such services. 2009 I didn't stay in hotels to avoid this. You should have stayed in a bordello instead Link to comment Share on other sites More sharing options...
juvenal Posted June 25, 2010 Share Posted June 25, 2010 As many of you know, I made the near fatal (in the literal sense) mistake of marrying . . . Anyway, we went to the UK to see mother one year. This was a disaster. Popped into Asda and ended up buying new clothes and I hadn't noticed . . . 'GOLD DIGGER' . . . written in bright pink letters all the way down the left leg of the old womans new trousers. Anyone else get this? Visual and/or audible symbolism of ones train wreck situations? I pulled a woman with a 'Porn Star' T shirt. She was rubbish. Turned out she couldn't read, and she'd borrowed the shirt from her mate, who I never met.... Link to comment Share on other sites More sharing options...
Guest Noodle Posted June 25, 2010 Share Posted June 25, 2010 I pulled a woman with a 'Porn Star' T shirt. She was rubbish. Turned out she couldn't read, and she'd borrowed the shirt from her mate, who I never met.... You know what I mean though? Those black farce moments that sum up a disastrous situation, stick in the mind. Link to comment Share on other sites More sharing options...
Guest sillybear2 Posted June 25, 2010 Share Posted June 25, 2010 You know what I mean though? Those black farce moments that sum up a disastrous situation, stick in the mind. I would say the words 'ASDA' are a good sign of an impending train wreck, especially if you were 'greeted' by one of those microphone wielding Walmart wannabe f***wits at the door :angry: Ahh, I feel better now. Link to comment Share on other sites More sharing options...
Guest Noodle Posted June 25, 2010 Share Posted June 25, 2010 I would say the words 'ASDA' are a good sign of an impending train wreck, especially if you were 'greeted' by one of those microphone wielding Walmart wannabe f***wits at the door :angry: Ahh, I feel better now. I can't recommend their Own Brand Yeast Extract enough. Link to comment Share on other sites More sharing options...
Guest sillybear2 Posted June 25, 2010 Share Posted June 25, 2010 I can't recommend their Own Brand Yeast Extract enough. Enough to go behind the lines in enemy territory? Brave man. Link to comment Share on other sites More sharing options...
Guest Noodle Posted June 25, 2010 Share Posted June 25, 2010 Enough to go behind the lines in enemy territory? Brave man. You need to go in under the cover of darkness, between 1am and 4am. Link to comment Share on other sites More sharing options...
Guest sillybear2 Posted June 25, 2010 Share Posted June 25, 2010 You need to go in under the cover of darkness, between 1am and 4am. Smart move, I'll go commando. Link to comment Share on other sites More sharing options...
Guest Noodle Posted June 25, 2010 Share Posted June 25, 2010 Smart move, I'll go commando. They sell underpants at very reasonable prices. Link to comment Share on other sites More sharing options...
Guest sillybear2 Posted June 25, 2010 Share Posted June 25, 2010 They sell underpants at very reasonable prices. Do any of them have the words "porn star" or "gold digger" emblazoned on the back? Link to comment Share on other sites More sharing options...
Guest Noodle Posted June 25, 2010 Share Posted June 25, 2010 Do any of them have the words "porn star" or "gold digger" emblazoned on the back? That was the 2006 spring collection if I recall. Link to comment Share on other sites More sharing options...
Guest sillybear2 Posted June 25, 2010 Share Posted June 25, 2010 That was the 2006 spring collection if I recall. What's the equivalent 2010 version? "Bankrupt" or "I'm hungry"? Link to comment Share on other sites More sharing options...
Guest Noodle Posted June 25, 2010 Share Posted June 25, 2010 What's the equivalent 2010 version? "Bankrupt" or "I'm hungry"? No, they were only available in brown though. Link to comment Share on other sites More sharing options...
Guest Noodle Posted June 25, 2010 Share Posted June 25, 2010 I have a pair of pants with Ibiza written on them which I had to buy when Iberia lost my luggage. Link to comment Share on other sites More sharing options...
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