tag:blogger.com,1999:blog-6078283367129566771.post8800619270311009013..comments2023-05-18T22:35:30.062+08:00Comments on PAULINE YONG BLOG: Another Financial Crisis?Pauline Yonghttp://www.blogger.com/profile/18013866279679462501noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-6078283367129566771.post-27367189729391301642011-04-20T10:47:48.519+08:002011-04-20T10:47:48.519+08:00Pauline:
Nice sharing but not deep enough.
FYI, I...Pauline:<br /><br />Nice sharing but not deep enough.<br />FYI, I recently being into one of China city.<br /><br />No doubt property price especially within inner city area( they called them ring I) has double just like Malaysian properties.<br /><br />What the Goverment is doing since last Q3 2010 is implement housing policy to cool down the market. Recently, they amend the policy like this.<br /><br />1st house 40% down payment<br />2nd house 60% down payment<br />3rd house If you have not clear the 1st and 2nd house, you cannot buy even you have cash!<br /><br />with this it cool of the market a bit. But again I doubt price will goes down.<br /><br />And many more china folk those in lower/middle income group just can't own a decent house to stay!Marcushttps://www.blogger.com/profile/15603864473318909587noreply@blogger.com