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Wednesday, April 14, 2010 2:53:38 PM
Hmm.. intersting read...
I'm happy now about the supply demand... so we could see the prices fall naturally next year anyway. Also means that fewer will get burnt.
I also like the fact that all builders aren't overextended.
According to a questionnaire conducted by Homelink Real Estate during the spring fair, 70 percent out of the 200 respondents believed the price of Beijing real estate would keep climbing and the jump will be from 30 percent to 50 percent this year.
Talk about a self selecting sample! The people coming to the fair want to buy, doh!
It's not trivial, this
rich
I'm happy now about the supply demand... so we could see the prices fall naturally next year anyway. Also means that fewer will get burnt.
I also like the fact that all builders aren't overextended.
According to a questionnaire conducted by Homelink Real Estate during the spring fair, 70 percent out of the 200 respondents believed the price of Beijing real estate would keep climbing and the jump will be from 30 percent to 50 percent this year.
Talk about a self selecting sample! The people coming to the fair want to buy, doh!
It's not trivial, this
rich
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