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Strategies & Market Trends : Moomin Valley (formerly Troll-free Zone) -- Ignore unavailable to you. Want to Upgrade?

To: Moominoid who wrote (1192)	10/16/2005 11:42:47 AM
From: RealMuLan	Read Replies (1) \| Respond to of 2852

thanks, that is a long article. I just scan through it<g>. Seems Troll brothers are still not too worried about the housing market slow down? I guess maybe they are right, as long as the interest is relatively low and Bush's tax cut for the rich is NOT revoked, then Troll Brother's luxury housing will have plenty of buyers<g>. Those who are really squeezed are middle class people. Actually, Troll really missed the boat to develop luxury housing in China during the last couple of years, and now it seems a little too late to go there, since the Chinese gov. now has started to realize the real estate developers in China have made way too much money, and have contributed little or no Tax revenue for the gov. Here is some comparison: Foreign real estate developers can ONLY make 5-6% of net profit in Singapore due to high gov. control and tax... But they can get as much as 35%-45% Net profit in China's real estate market!