my take on china housing bubbles (转载)# Returnee - 海归
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【 以下文字转载自 Military 讨论区 】
发信人: beatit0721 (农村户口), 信区: Military
标 题: my take on china housing bubbles
发信站: BBS 未名空间站 (Wed Mar 10 11:52:43 2010, 美东)
to sustain current prices level in major china cities,there are only two
ways
1) massive inflation
2)high growth in wages without much inflation
option 1 is politically difficult or nearly impossible to achieve. CCP would
use it as the last resort as staying in power is its No.1 priority even
that means to sacrifice rich and powerful people's interest
发信人: beatit0721 (农村户口), 信区: Military
标 题: my take on china housing bubbles
发信站: BBS 未名空间站 (Wed Mar 10 11:52:43 2010, 美东)
to sustain current prices level in major china cities,there are only two
ways
1) massive inflation
2)high growth in wages without much inflation
option 1 is politically difficult or nearly impossible to achieve. CCP would
use it as the last resort as staying in power is its No.1 priority even
that means to sacrifice rich and powerful people's interest
