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jbog

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jbog

Re: DewDiligence post# 6803

Monday, 04/01/2013 10:34:33 PM

Monday, April 01, 2013 10:34:33 PM

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Many chinese buy property as an investment without the property being occupied. They feel that eventually price appreciation will put them on top. It has worked so far mainly because there is no holding cost. Property taxes would change that.
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