Author: lanjingling

I need a house   [Copy link] 中文

Rank: 8Rank: 8

Post time 2012-2-24 06:24:14 |Display all floors
You'd be mad to buy one in Australia at the moment, the real estate market is unraveling, bubble has burst. That said, if you are a high-end buyer, say over a million, as they say in USA, the 1% knows nothing about recession or inflation.
Let the dice fly high

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Post time 2012-2-24 06:56:15 |Display all floors
Pirate89 Post time: 2012-2-23 18:23
It is much less headache owning a housing in any city in China.  The economy of China is controlle ...

The housing market in China is also crashing.  The government just does not want to admit it.  Housing sales are down and prices are dropping like a leaded balloon.

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2015 Most Popular Member Medal

Post time 2012-2-24 09:35:13 |Display all floors
attilaattila Post time: 2012-2-23 12:19
"Luck has more to do with having money than anything else."
This.
I spared enough money within a ye ...

As long as you can enjoy life a little bit then you are not a loser.
If capitalism promotes innovation and creativity then why aren't scientists and artists the richest people in a capitalist nation?

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Post time 2012-2-24 09:40:01 |Display all floors
China face serious situation in the real estate sector....too expensive and it is luxury...Lots of Chinese can't afford instead of loan to buy one...{:soso_e127:}

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Post time 2012-2-24 11:58:46 |Display all floors
I am renovating my house in Mumbai.

Have positive attitude.  Be confident and optimist.  Find way to enthuse yourself.

You will get what you want.
你好 / 您好,
请问 。。。。。... Could these discussions lead to any direct action?  at least conferencing ... 会议     。。。。。 谢谢再见。

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Post time 2012-2-24 12:09:43 |Display all floors
robert237 Post time: 2012-2-24 09:35
As long as you can enjoy life a little bit then you are not a loser.

True, very true.
Let the dice fly high

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Post time 2012-2-24 21:45:22 |Display all floors
The houses in the US had dropped a lot in most places since the housing market crashed a few years ago, 2008. In some states like Florida you can get a 5 bedroom landed house for USD150,000 or RMB900,000. For this kind of money you only get a very small apartment in China, located quite far from the city.

In the US housing affordibilty is still much much better than in China.  China biggest mistake is to create more than 3000 yuan billionaires, mostly from property speculation, within a short period of less than 10 years. This has caused the other 1000 million people finding themselves left out, becoming frustrated and willing to become potential  traitors, by selling government secrets to Americans, europe and Taiwan governments.

Below is a summary of housing affordability in the US in states where housing market is still poor.

Screen shot 2012-01-30.png


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