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Strategies & Market Trends : The Art of Investing
PICK 45.35+0.2%Nov 7 4:00 PM EST

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To: Sun Tzu who wrote (4805)7/16/2022 11:35:03 PM
From: roto  Read Replies (1) of 10550
 
a couple years back before there was a 'run' on Chinese real estate, the 'normal' down deposit was 100,000RMB, approx, $15,000US for new/ unbuilt construction.
my Chinese niece is a real estate agent.. sometime after we had our purchase, quite a few Chinese were up to the new trading demand selling their guaranteed purchase price for 200,000RMB, flipping to a nice 100% take on short duration.
Smart trading as it turned out.
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