Comments on: Real Estate in China: Some Reason to be Cheerful http://china.blogs.time.com/2009/01/08/real-estate-in-china-some-reason-to-be-cheerful/ Daily commentary about China by TIME correspondents. Fri, 27 Nov 2009 09:05:49 +0000 http://wordpress.com/ hourly 1 By: john2008obama http://china.blogs.time.com/2009/01/08/real-estate-in-china-some-reason-to-be-cheerful/comment-page-1/#comment-595 john2008obama Fri, 09 Jan 2009 19:47:46 +0000 http://china.blogs.time.com/?p=1109#comment-595 30000yuan/㎡ in downtown Shanghai 30000yuan/㎡ in downtown Shanghai

]]> By: conscienceinchina http://china.blogs.time.com/2009/01/08/real-estate-in-china-some-reason-to-be-cheerful/comment-page-1/#comment-590 conscienceinchina Fri, 09 Jan 2009 09:50:15 +0000 http://china.blogs.time.com/?p=1109#comment-590 That's a "good news" for the black-hearted real estate businessmen, and their colluding CCP officials, and maybe you Simon. After the bandit group above robbed almost all the properties of ordinary people in China by selling extortionate houses and stakes, the purchasing power "drop like a stone", so the demands are stagnant even falling. Yet when the houses depreciated a bit, those gangsters got nervous and shouted “save market”! Now it seems they will get it according to the text above. The prices of houses in downtown city are still more than 10,000 yuan/㎡, who will save the people? That's a "good news" for the black-hearted real estate businessmen, and their colluding CCP officials, and maybe you Simon.

After the bandit group above robbed almost all the properties of ordinary people in China by selling extortionate houses and stakes, the purchasing power "drop like a stone", so the demands are stagnant even falling. Yet when the houses depreciated a bit, those gangsters got nervous and shouted “save market”! Now it seems they will get it according to the text above. The prices of houses in downtown city are still more than 10,000 yuan/㎡, who will save the people?

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