Quote:
Originally Posted by thommy
aha - so 80% of american real estate is owned by nobody ?
do you sometimes read what you write?
BTW. the chinese investements worldwide between 2005 and 2018 are 1870 billion 180 billion of that is invested in real estate
LOOK HERE |
You're not getting it Mr Economics.. Let me repeat in a dumbed down fashion.. The people of China have 75% of their money invested in real estate.. Not stocks, not businesses, etc. Real Estate alone.. As an investment.. Understand? Most of their eggs in 1 basket? If that 1 big basket breaks...
And it's not just breaking.. It's going to tsunami. In the past 10 years they've quadrupled their basket size. Balloon is going to pop.. No doubt.. BIGLY