and if you invest 260 million dollars and slash prices by 70% one must assume they would be losing money. Unless the were expecting a 300% return on investment.
If a jacket cost $3 to make, and you sell it for $90, even if you have a 70% off sale, you will still make a profit. Who's to say that isn't exactly what's occuring in Chinese real estate? That early investors over paid, and the actual value of units is yet to be realized... For all we know, the CCP plans to force "slum" dwellers into buildings, to clear the slums for development.
@shabut In that area............. Are you forgetting that this is commie china we're speaking about? The CCP can do anything they want. They can round up people and move them anywhere. What's to say these cities aren't part of a future popullation move?
There is a lot of investment in Sydney by the Asian community, in the most part driving property prices upward in a number of areas in Sydney
JustThinkProperty 2 months ago
Hey guys. Could anyone tell me what's that car in 1:20?
bromariomarconi 2 months ago
@bromariomarconi Vw car.
xXAbdulBaqiXx 2 months ago
@xXAbdulBaqiXx
Yeah that's obvious. I asked because there's no vw cars like that one in europe. I found it and I'm sure it's chinese jetta!
bromariomarconi 2 months ago
@bromariomarconi its an old model from 80 or 90 in the west.but in china its very popular nearly in every city you will find this as a taxi.
xXAbdulBaqiXx 2 months ago
@bromariomarconi yes its chinese jetta
xXAbdulBaqiXx 2 months ago
and if you invest 260 million dollars and slash prices by 70% one must assume they would be losing money. Unless the were expecting a 300% return on investment.
shabut 2 months ago
@shabut There is something called reading comprehension, where you actually absorb that which your eyes gloss across. It's not occuring with you.
A1R5N1P3R 2 months ago
If a jacket cost $3 to make, and you sell it for $90, even if you have a 70% off sale, you will still make a profit. Who's to say that isn't exactly what's occuring in Chinese real estate? That early investors over paid, and the actual value of units is yet to be realized... For all we know, the CCP plans to force "slum" dwellers into buildings, to clear the slums for development.
A1R5N1P3R 2 months ago
@A1R5N1P3R 3 apartments to every one person................
shabut 2 months ago
@shabut In that area............. Are you forgetting that this is commie china we're speaking about? The CCP can do anything they want. They can round up people and move them anywhere. What's to say these cities aren't part of a future popullation move?
A1R5N1P3R 2 months ago
May the Force be with You !
BarthVaderIXMUSIQUE 2 months ago in playlist Business