Sunday, Dec 13, 2009

Postcard from China

Yahoo: Young Chinese groan at skyrocketing property costs

A textbook description of a housing bubble in China: "concerns are rising that property bubbles are building due to speculative investors, amid rumours that a large portion of the government's 586-billion-dollar stimulus package has been channelled into asset markets." The symptoms and the causes will be instantly recognisable to regular blog readers.

Posted by quiet guy @ 03:19 PM (1129 views)
Add Comment
Report Article

1 Comment

1. dbc reed said...

"decades of 'so-called mortgage slavery' " is putting it with excessive timidity surely?.
In the Orient,they are less angst-ridden about Land Value Tax which they slap on without a moment's hesitation.

Sunday, December 13, 2009 07:27PM Report Comment
 

Add comment

  • If you do not have an admin password leave the password field blank.
  • If you would like to request a password allowing you to add comments and blog news articles without needing each one approved manually, send an e-mail to the webmaster.
  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user's views and not the views of HousePriceCrash.co.uk.
  • Please adhere to the Guidelines
Username  
Admin Password
Email Address
Comments

Main Blog | Archive | Add Article | Blog Policies