Protected: Facts By Email #1 – 2016 Outlook Issue
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How will the BAD CHINESE NEWS affect real estate? In our upcoming Outlook issue: 1. Chinese economy slowing, stocks down 20% - we know that Chinese money will flee the currency decline: WE WILL TELL YOU WHAT COMES AND WHERE IT WILL GO 2. Stocks DOWN 20% in China, 9% in Canada everywhere: WE WILL TELL YOU WHY
1. China had an over-developed real estate market (accounts for around 15% of the Chinese economy). Home prices in China’s major cities crashed in 2013/2014. This put serious pressure on Chinese consumers, since around two-thirds of the typical Chinese family’s wealth is tied to their homes. 2. When housing started going bust, Chinese investors started
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There is no excerpt because this is a protected post.
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There is no excerpt because this is a protected post.
All the talk about Greece has everyone's head spinning. People in Europe have mixed feelings. Spain together with Italy/Portugal and a many others are watching Greece with interest. The worry by the thinkers here is that the left wing parties would gain strength if Greece is perceived to be winning (ie. will win a foregiveness of 50% of debt again).