China
This 13 minutes video gives a clear picture of China's Real Estate. A recomm=nd watch, scary indeed
https://www.youtube.com/watch?v=uxjwhk1ktNw&feature=youtu.be.
My comments
I Watched this video about china and I frankly don't believe any of it. Why?
Because I can give you first hand experience as I was interviewed during the=crisis 2008/9 .
After the interview I watched it and what they said is exactly the same .
footage of palm Jumaira deserted streets.
And their comments are empty streets no one will live there It will eventually be a ghost town Especially when tourists stop visiting Dubai Well some people believed the propaganda and didn't buy some people like me=bought and built hotels and the tourists kept coming If you think about it Dubai was in worse situation very small population no n=tural resource depending on external trade and tourism While China has huge population that need accommodation all the time Especi=lly many people in China still live in sub standard accommodation China has big export trade and industry strong local market that can consume=anything
Sent from my iPhone
