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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 451.89+1.9%Jan 22 4:00 PM EST

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To: TobagoJack who wrote (53434)8/11/2009 12:52:45 AM
From: Amark$p  Read Replies (1) of 219648
 
thanks, that is an interesting fact:
"many apartments (i saw two in the complex i was staying at over the weekend) have been unoccupied since completion 5 years ago, originally bought for rmb 3 mil now transacting at 5, having never been occupied"

are commercial properties the same? i.e. constructed several years ago and not occupied, but yet market price keeps going up with inflation/loan interest...? somewhat counter intuitive?, but possible as you suggest. most developers want to rent/sell and pay down the commerical loan.
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