Re:China's Subprime Crisis Is Here
by dh997 on Wednesday February 17, 2016 @08:05AM
(#11117553)
Isnt there an entire replica of Paris with barely 1k people?
How can value be justified with whole half-finished cities with no customers?
Sounds like deferring a real-estate crash is only making a future event even more painful when that paper value evaporates and takes real comparables along with them.
How can value be justified with whole half-finished cities with no customers?
Sounds like deferring a real-estate crash is only making a future event even more painful when that paper value evaporates and takes real comparables along with them.