Chinese real estate market cools down
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One good way to keep speculators away from the housing market is to put a 100% tax on the profits made from sales of the houses if the houses were purchased with bank money.
nawkrm 1 year ago
Speculation in the housing market should be banned forever because speculation always involves borrowed money from the banks and when prices fall, the banks fall. That's what happened in the US.
nawkrm 1 year ago
Ahhh so pretty much the same thing that happened in the US, around the exact same time, just one government lies about its GDP and one government is held accountable by the rest of the world due to its world reserve status. Seems that China bubble is building up again though, you can't run awy from the pain forever China. Grow some balls ;)
bweazel 2 years ago