The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: ajtj99 who wrote (242339)	3/26/2010 10:17:24 AM
From: pstuartb	Read Replies (1) of 306849

AJ, a question. You've spent a lot of time in China. How do people there live on $3,180 per year? Here, a street person who panhandles and collects recyclables out of garbage cans can probably make about that much. With that you can afford a bottle of Gallo Port a day, an occasional hamburger, and maybe a warm spot over a grate on the sidewalk. I suppose that $3,180 includes millions of subsistence farmers who have virtually no cash income, and the like. Do you have any idea what the average wage of factory workers is in China?

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