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Tara, an article for you on China real estate
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Tara Farms
Posted 3/25/2013 10:33 (#2989931 - in reply to #2985033)
Subject: Hey DJM shes in trouble


Red River Valley
but getting the timing thing right is another story they can and will push it as long as possible.

Houses are selling for 50+times annual earnings that means it would take all the money earned from over 2 generations of families to pay for a house in China

At the peak of the US housing bubble house here were selling for 6 or 7 times annual earnings.

I think the historical avg. is about 4 times
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