Author: fangshu6

Would there be a riot if home price dropped across China?   [Copy link] 中文

Rank: 6Rank: 6

Post time 2014-3-1 06:53:05 |Display all floors
Kbay Post time: 2014-2-28 21:58
If they are NOT speculators, then the abrupt house price movements in theory don't affect them!
You ...

In your weird world it might not matter, but if I took out a mortgage for 500,000 yuan more than I would have needed to the following day I would still feel a little miffed.

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Rank: 6Rank: 6

Post time 2014-3-1 08:16:34 |Display all floors
Kbay Post time: 2014-2-28 22:54
No, you still don't get it, you simpleton!

Don't lecture me on property, I have bought and sold many properties, some of which I owned for many years earning a massive profit (on paper). However, other properties have made similar % gains so obviously I would only benefit if I sold and didn't buy.

Why are you such an objectionable creature? Are you totally incapable of conversing in a civilised manner without the abuse?

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Post time 2014-3-1 08:53:56 |Display all floors
Laowai2? Post time: 2014-2-28 18:12
I would be equally enraged if that happened to me. If you speculate you do take a gamble, but to r ...

Bank do not care. You take a loan you pay
Round Up is good for developing the mind

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Rank: 4

Post time 2014-3-2 02:46:13 |Display all floors
    I don't think they deserve sympathies. Apartment is a commodity. It's nature the price will go up and down. Why they not protest when the price goes up? Someone buy apartment for living, the others buy apartment for earning money. For the latter, why they can easily make so much money without taking any risk?  Is it acceptable? Is it reasonable? All these people in protest buy apartment for living? I don't think so.
    Maybe a little sympathy for those who buy apartmnt for living.
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