China's real estate ghost towns
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Uploaded by ReutersVideo on Dec 2, 2011
Dec. 2 - The dangers of a rapid slowing of China's property boom can be found in the Inner Mongolian city of Ordos, where new apartment blocks stand empty as real estate prices slump. Andrew Potter reports.
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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
@bromariomarconi yes its chinese jetta
xXAbdulBaqiXx 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
@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 Vw car.
xXAbdulBaqiXx 2 months ago
Hey guys. Could anyone tell me what's that car in 1:20?
bromariomarconi 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
@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
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
@A1R5N1P3R 3 apartments to every one person................
shabut 2 months ago