2014年04月02日
paid full price trashed house gold
The swift turnaround has stunned buyers such as Shanghai resident Mark Li, who thought prices had nowhere to go but up. The software engineer closed on a $250, 000, three-bedroom apartment in August, only to watch weeks later as the developer slashed prices 25% on identical units to attract buyers in a slowing market.Drunk5flowerdeep
Outraged, Li and hundreds of others who paid full price trashed the sales office, scuffled with employees and protested for three days before police broke up the demonstration. Walking away now would mean losing the $75, 000 down payment that he borrowed from his working-class parents.單身約會
"I still haven't told them, " Li, 29, said of his home's plummeting value. "It will just make them worry, and it's already too late."
It's all eerily similar to the early stages of the U.S. housing crash. The big difference is that the Chinese government intentionally slammed on the brakes.expect stop your shaking love
Over the last year it has tightened lending and prohibited the purchase of more than one home inkiss flower sunshine
several cities, in a bid to discourage speculators and bring down prices. wuyuwei1225
Chinese authorities say they're trying to tame inflation and defuse public anger over housing costs, the fallout from the government's efforts to stimulate the economy with easy credit during the global financial crisis. They have pledged to keep home buying limits in place for the foreseeable future.U R SEE THE LONELY SCENERY
Outraged, Li and hundreds of others who paid full price trashed the sales office, scuffled with employees and protested for three days before police broke up the demonstration. Walking away now would mean losing the $75, 000 down payment that he borrowed from his working-class parents.單身約會
"I still haven't told them, " Li, 29, said of his home's plummeting value. "It will just make them worry, and it's already too late."
It's all eerily similar to the early stages of the U.S. housing crash. The big difference is that the Chinese government intentionally slammed on the brakes.expect stop your shaking love
Over the last year it has tightened lending and prohibited the purchase of more than one home inkiss flower sunshine
several cities, in a bid to discourage speculators and bring down prices. wuyuwei1225
Chinese authorities say they're trying to tame inflation and defuse public anger over housing costs, the fallout from the government's efforts to stimulate the economy with easy credit during the global financial crisis. They have pledged to keep home buying limits in place for the foreseeable future.U R SEE THE LONELY SCENERY
Posted by wuyuhe at 13:37│Comments(0)
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