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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Snowshoe who wrote (63818)5/24/2010 6:04:22 PM
From: TobagoJack  Read Replies (1) | Respond to of 219612
 
marc is less than sure, and readily admits maybe way early

also, china tepidness is often times voluntary and self induced

thus china strength can easily be after tepidness has done its thing

you want to hear about china, i am telling you about china

the land sales in china are by the state, just like hong kong since 200+ years ago

60% of proceeds go to the state, 20% to province and 20% to municipality

you think the state wants a bubble to burst or expand further? neither.

china is comprised of two economies, one urban coastal and the other inland rural. you think the state would always favor one vs the other via monetary, fiscal, and administrative policies? not.

and so china zigs and zags, and so far, doing excellently, with due care and astute agility.

the real estate prices are supposed down 30% across the board. you can waste time trying to buy at such discount, and then find out that the only difference between now and before is that while you are negotiating, the ask is not increasing.