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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: GST who wrote (59223)	8/6/2006 12:19:12 PM
From: arun gera	Read Replies (1) \| Respond to of 306849

>There are roughly 100 million middle class Chinese -- and that number is rapidly growing. They have little or no debt and spent the last 20 years saving 45% of what they make. They buy cars for cash and there are thousands of miles of interstate highways being completed every year.> In India, the younger generation is already taking on debt to buy houses and cars. The young workers I know spend their salary before the month ends. So I think we can only rely on China, and not India, for sustainable growth. -Arun