-vacant-properties-in-china

Discussion in 'Economics' started by hippie, Dec 18, 2010.

  1. who will fill these empty properties, ever? china population is in decline.

    seen ghost towns full of new houses before in spain/greece. and it turn out bad.
     
    #11     Dec 22, 2010
  2. perhaps that notion belongs in a Capitalist, or Socialist, or Liberal economy,

    China, still being Communist, although adopting significant capitalist tendencies, is and remans a Second World country.....

    in Economics, the formal term is they are a Demand Economy,

    simply put, those in significant party control demand, and then it becomes both law and reality,

    China demanded and now they have over 100 cities with over 1,000,000 citizens, whether they moved by force, coercion, opportunity or whatever, their population shift towards a market based or market influenced economy is the envy of the world, as well as other countries economies....
     
    #12     Dec 22, 2010
  3. sumfuka

    sumfuka

    I agree.

    The trend is up in China's real estate, so why go against it? Furthermore I still have not heard of any financial derivatives covering most of the cost of these projects, so I have to assume they do not exist. Yet the developer's are buying land like crazy and the second they put on the market, buyers gobble it up like algo's hitting your stops.
    That is why I said the article 'could' be a little misleading. But all the dodo birds will take it for the gospel. Whatever...... :)
     
    #13     Dec 22, 2010
  4. the1

    the1

    Anyone named "sumfuka" can say anything real stupid and come off looking as cool as ice :p

     
    #14     Dec 22, 2010
  5. sumfuka

    sumfuka

    :)

    Just want to give a SHOUTOUT to all the traders there is in this forum. I think we are all going to make it this year. If you know what you are doing the best market days are ahead of you!

    GL and Happy Holidays :cool:

    :D
     
    #15     Dec 24, 2010
  6. AK100

    AK100

    One thing people must remember about China is it's ruled by politicians and THEY ALWAYS FUCK IT UP.

    That's all you need to know.

    Timing of the bust will of course be hard but believe me China is heading for one big crash sometime over the next few years.

    Communist or capitalist politicians, it doesn't matter, they ALWAYS FUCK IT UP.
     
    #16     Dec 24, 2010
  7. Chinese economy = American capitalism - Human rights
    Indian economy = American capitalism + Wage slavery
     
    #17     Dec 25, 2010