Comments by "D W" (@DW-op7ly) on "From ghost town to Netflix set" video.

Why isn't the whole truth being told? The former Prime Minister "also" banned foreign investors when they found out it would be mostly Chinese buying the homes. Would you buy a home in Malaysia knowing you might get banned from owning it as a foreigner?
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Why isn't the whole truth being told? The former Prime Minister "also" banned foreign investors when they found out it would be mostly Chinese buying the homes. Would you buy a home in Malaysia knowing you might get banned from owning it as a foreigner?
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China still has around 200 million rural migrants they are expecting to move to the cities by 2030
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@amz8172 yeah right bumiputera officially lapsed in the 1990s But everyone knows Malays have to handicap its minority people Just because it changed from 1 Prime Minister to the next does not mean it won’t change back 👇 Mahathir bans foreigners from buying Forest City residential units in Malaysia The project has been wracked by uncertainty since Mahathir’s coalition scored a shock victory at a May general election Mahathir bans foreigners from buying Forest City residential units in Malaysia The project has been wracked by uncertainty since Mahathir’s coalition scored a shock victory at a May general election SCMP
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Why isn't the whole truth being told? The former Prime Minister "also" banned foreign investors when they found out it would be mostly Chinese buying the homes. Would you buy a home in Malaysia knowing you might get banned from owning it as a foreigner?
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@Macky1101 In Canada we lived an overindulged lifestyle, high standard of living on borrowed money and we didn’t have the kids to replace us Where we will have 11 million seniors in a decade Who are mostly cash poor but mostly house rich these days
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@rebeltheharem7028 Chinese buyers were probably the main target but Malays could buy as well and you know it The other side of the story is most Malays don’t have that kind of money bumiputera officially lapsed in the 1990s But everyone knows Malays have to handicap its minority people to compete Just because Malaysia changed from 1 Prime Minister to the next does not mean it won’t change back 👇 Mahathir bans foreigners from buying Forest City residential units in Malaysia The project has been wracked by uncertainty since Mahathir’s coalition scored a shock victory at a May general election Mahathir bans foreigners from buying Forest City residential units in Malaysia The project has been wracked by uncertainty since Mahathir’s coalition scored a shock victory at a May general election SCMP
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@rebeltheharem7028 not that hard to see Malaysia even put on hold that rail project (and a possible extension to Thailand ) being built by Chinese companies at the time Because that is how some Malays think Only changed their minds and are open to Chinese involvement in high speed rail line to Singapore because Mahathir got voted out And probably also because China built that high speed rail for Indonesia and then gave the Indonesians the tech to build even more rail extensions
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@ilaAlia007 does it matter what the reason? Obviously the cost is going to be high it’s a High Speed Rail. But now it won’t cost so much is your logic???? Which it seems like neighbouring countries to you? Are getting that High Soeed Rail before you now.. You act like there was no cost to them In the end No one cares who or what you want to blame it on, as an excuse except you
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@ilaAlia007 PM Mahathir Mohammad had earlier warned of a “new colonialism” during his recent visit to China, Synergia
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@tentobot China was about to collapse scenario was all over the news these last few years That narrative stopped working because Blanken and Yellen had to go to China to ask them to stop selling cheap high tech goods to the world Plus did you count how many times Biden and Trump talked about China in their last debate??? China is about the only thing Americans can agree on these days
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@misterbig9025. he is from India You dum down bottom, red nick in bread expat white separatist who went to Asia of all places to find a wife
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⁠@TeeHee-vo1bn China still has around 200 million rural folks they expect to move to the cities In China in 2008 around 70% of the people in their real estate markets were buying their 1st homes in their cities By 2018 around 70% of the people in their real estate markets were buying their 2nd and 3rd homes in their cities That’s why you are hearing about problems with their property developers these days. Because back in 2010? Their Central Government started cutting of money flow to these developers. Thus why you heard about Shadow Banks and Underground Economy back then, that their Government had to come into to shutdown or regulate. Even then, It took them almost 14 years to get their overheated real estate under control Heck they were about to introduce a nation wide property tax, but then trump started the trade war in 2018 Why is their Central Government doing this? Because there are still a few hundred million poorer rural folk they still expect to move to the cities to join their more well off urban city folk countrymen. Problem is these property developers were building higher end homes, and not building the affordable homes these rural migrants will need In China Owning a home in the city you migrate to? Affects your employment, health, education and even marriage prospects don’t have a house you don’t get married Thus the common prosperity push and the crackdown on the overt displays of wealth in China Their Government probably figured out you disenfranchise the people at the bottom of your society they are the ones most likely to act out in protest
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@TeeHee-vo1bnbtw you really need to stop talking about a country you have never been to
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@frankjames7272 you also need to stop talking about a country you have never been to Chinese homeless are usually people who have moved to a city and have not found a home yet Much different than the mentally ill drug addicted homeless we have out here in the west and you “usual suspects” know it
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@TeeHee-vo1bn you really need to get off your wifesister Stop trolling your family reunions for a date
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@Foquro Why isn't the whole truth being told? The former Prime Minister "also" banned foreign investors when they found out it would be mostly Chinese buying the homes. Would you buy a home in Malaysia knowing you might get banned from owning it as a foreigner?
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@Foquro bumiputera officially lapsed in the 1990s But everyone knows Malays have to handicap its minority people Just because it changed from 1 Prime Minister to the next does not mean it won’t change back 👇 Mahathir bans foreigners from buying Forest City residential units in Malaysia The project has been wracked by uncertainty since Mahathir’s coalition scored a shock victory at a May general election Mahathir bans foreigners from buying Forest City residential units in Malaysia The project has been wracked by uncertainty since Mahathir’s coalition scored a shock victory at a May general election SCMP
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Why isn't the whole truth being told? The former Prime Minister "also" banned foreign investors when they found out it would be mostly Chinese buying the homes. Would you buy a home in Malaysia knowing you might get banned from owning it as a foreigner?
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@ruffigify I couldn’t say… Danga Bay has some more affordable apartments for sale. Maybe that was a factor. From my understanding Forest City is also considered overpriced
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@EricWulfe it is more complicated than that Do a search for the Malaysian “Bumiputera Policy” Malays have to handicap their ethnic minorities in order to compete (extensively Chinese and Indians) 👇 How did Malaysia's Mahathir go from prime minister to being kicked out of his party in a matter of months? By Max Walden Posted Fri 5 Jun 2020 Many in Bersatu and across its Pakatan Harapan coalition, including Dr Mahathir's former deputy and now-Prime Minister Muhyiddin Yassin, had been members of the Barisan Nasional old guard. Their commitment to dismantling Malaysia's longstanding race-based policies had always been questioned. A large proportion of their ethnic Malay constituents remain in favour of preserving legal and political privileges for the country's majority Malays and Muslims over ethnic Chinese and Indians and adherents of other faiths. "Mahathir's resignation was triggered by infighting within Bersatu," said Piya Raj Sukhani, an analyst at the S Rajaratnam School of International Studies in Singapore ABC News
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@EricWulfe Malaysia's Forest City teeters over China property giant woes 03/09/2023 Aimed at middle-class Chinese buyers, Forest City has weathered scant sales, Chinese currency controls, a pandemic shutdown and public anger at China's growing influence in Malaysia. France24
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@EricWulfe 13 May incident What caused the race riots in Malaysia? Official assessment. The NOC released a report on 9 October 1969, and it cited "racial politics" as the primary cause of the riots, but was reluctant to assign blame to the Malays. The Malays who already felt excluded in the country's economic life, now began to feel a threat in their place in the public services. Wikipedia
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@yauyuso Are you taking in China the solution is simple the vast majority of the people investing in these property developers, these last few years were well off Chinese or sophisticated foreign investors The people owed homes in China? can be given a home that was already built by these developers, the remaining can be sold at a discount to those around 200 million rural country folk still expected to migrate to the cities join their more well off Chinese urban countrymen Although they might not be in a city these people choose but it is the risk these people knowingly took even with the writing on the wall (These people took a risk hoping the CCP Government would bail them out) Win win for everyone people owed a home get a home, rural migrants get a more luxurious home at a discount 😉 And the well off Chinese/Sophisticated Foreign Investors get back a few more pennies on the dollar… Cut off from money flow by the Chinese Central Government for over 12 years starting in 2010 Chinese Property Developers “Junk Bonds” they were flogging, these last few years suddenly started to become a hot commodity by “Sophisticated Foreign Investors” The general consensus was the Chinese Central Government would backstop these junk bonds I actually had a few old colleagues reach out to me for advice from back in my investment banking days.. Since they knew I had been researching China investments since the late 1980s My reply to them was “Not when their Government has cut off the money flow to these companies for over a decade” They did not listen….🤷 👇 A 99% Bond Wipeout Hands Hedge Funds a Harsh Lesson on China Bloomberg) -- From afar, China Evergrande Group had all the makings of a killer distressed-debt trade: $19 billion in defaulted offshore bonds; $242 billion in assets; and a government that appeared determined to prop up the country’s faltering property market. So US and European hedge funds piled into the debt, envisioning big payouts to juice their returns. What they got instead over the course of the next two years is a harsh lesson in the dangers of trying to bargain with the Communist Party. The talks are now dead — a Hong Kong court has ordered Evergrande’s liquidation, and the bonds are nearly worthless, trading in secondary markets at just 1 cent on the dollar. Bloomberg
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@blackbelt2000 In China in 2008 around 70% of the people in their real estate markets were buying their 1st homes in their cities By 2018 around 70% of the people in their real estate markets were buying their 2nd and 3rd homes in their cities That’s why you are hearing about problems with their property developers these days. Because back in 2010? Their Central Government started cutting of money flow to these developers. Thus why you heard about Shadow Banks and Underground Economy back then, that their Government had to come into to shutdown or regulate. Even then, It took them almost 14 years to get their overheated real estate under control Heck they were about to introduce a nation wide property tax, but then trump started the trade war in 2018 Why is their Central Government doing this? Because there are still a few hundred million poorer rural folk they still expect to move to the cities to join their more well off urban city folk countrymen. Problem is these property developers were building higher end homes, and not building the affordable homes these rural migrants will need In China Owning a home in the city you migrate to? Affects your employment, health, education and even marriage prospects don’t have a house you don’t get married Thus the common prosperity push and the crackdown on the overt displays of wealth in China Their Government probably figured out you disenfranchise the people at the bottom of your society they are the ones most likely to act out in protest
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@frankjames7272 In China in 2008 around 70% of the people in their real estate markets were buying their 1st homes in their cities By 2018 around 70% of the people in their real estate markets were buying their 2nd and 3rd homes in their cities That’s why you are hearing about problems with their property developers these days. Because back in 2010? Their Central Government started cutting of money flow to these developers. Thus why you heard about Shadow Banks and Underground Economy back then, that their Government had to come into to shutdown or regulate. Even then, It took them almost 14 years to get their overheated real estate under control Heck they were about to introduce a nation wide property tax, but then trump started the trade war in 2018 Why is their Central Government doing this? Because there are still a few hundred million poorer rural folk they still expect to move to the cities to join their more well off urban city folk countrymen. Problem is these property developers were building higher end homes, and not building the affordable homes these rural migrants will need In China Owning a home in the city you migrate to? Affects your employment, health, education and even marriage prospects don’t have a house you don’t get married Thus the common prosperity push and the crackdown on the overt displays of wealth in China Their Government probably figured out you disenfranchise the people at the bottom of your society they are the ones most likely to act out in protest 👇 New documentary focuses on financial health in Black community | Watch 'Our America: In the Black' In comparison, the median net worth of all U.S. households is about 7.6 times higher than black net worth. Additionally, a startling statistic by the organization Prosperity Now and the Institute for Policy Studies, predicts that the median wealth of Black Americans "will fall to zero by 2053." Feb 1, 2024 ABC
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@Misakininbo they pack the immigrants in like most western countries these days
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@garryferrington811 property developers like Country Garden were even worse. Cut off from Chinese banks They got a huge influx of cash from wealthy Chinese/ Sophisticated Foreign Investors who bought their junk bonds the last few years Instead of shoring up their balance sheets and cash flow statements They did what a property developer does best, just built even more housing
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@ruffigify nothing is cheap here in Canada 👇 Nearly 40% of new Canadians are considering moving due to housing costs Alberta the preferred destination among those who want to move but stay in Canada 👇 40% of Interior residents 'seriously' thinking about leaving BC: poll Infotel 👇 A third of B.C. residents are considering leaving the province: poll CTV news
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@rebeltheharem7028 40% is owned by Malaysian why would he block Malaysian owners? Forest City is 60 percent owned by Country Garden, with the rest held by a local company in which influential Johor state ruler Sultan Ibrahim Sultan Iskandar, who will become the country’s king in January, has a controlling stake. Aljazeera
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@rebeltheharem7028 “To us, it is still manageable … We are still selling two or three houses per month,” he told Al Jazeera.“There’s still a sentiment of people who would like to come enjoy the facilities … buy, stay here.” He said buyers from more than 30 countries had bought properties in Forest City, adding that a possible “maximum” of up to 70 percent of those sold so far were in Chinese hands. ‘Doomed’ On a Malaysian public holiday afternoon in mid-November, a few hundred people were seen passing through the city’s main commercial area. Aljazeera
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@Ħæïķăł Why isn't the whole truth being told? The former Prime Minister "also" banned foreign investors when they found out it would be mostly Chinese buying the homes. Would you buy a home in Malaysia knowing you might get banned from owning it as a foreigner?
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Why isn't the whole truth being told? The former Prime Minister "also" banned foreign investors when they found out it would be mostly Chinese buying the homes. Would you buy a home in Malaysia knowing you might get banned from owning it as a foreigner?
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@Hkchinese888 like your home and you know it …
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@Hkchinese888 well living in Hong Kong as a domestic worker or taxi driver is a upgrade from the Philippines or India which ever country you are from
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@Hkchinese888 btw if you are a naive Hong Konger? That’s embarrassing you have never visited China And for sure have not come out west I live in a city that was routinely in the top of the world list of cities to live in So lots of you Hong Kong/mainland Chinese immigrants They called it Hongcouver until the mainland Chinese started immigrate over in larger numbers I live in a nice home and a nice neighbourhood In a city went from 90% Caucasian to 80% Asian…. 60% Chinese But 20 minutes drive from me is a horror show of drugs, mentally I’ll and homeless I’m 5 minutes drive from a sky train that delivers these people to do their crimes before they get back on the train to get away Even old school rappers from Compton who come to do their concerts are shocked when they drive around that area ….or walk around it Come out here for a visit if you want to see democracy. I ned to arm my teenagers with non lethal weapons (but illegal) when they take public transit with their friends 👇 Pretty rough around here’: Hip-hop legend Warren G walks the streets of Vancouver Global News
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@Hkchinese888 sure you sound like a real loooooooozer Who had to run away from your own country and go live in a Chinese controlled administrative zone Or tooo dum to actually travel to the countries you think have a real democracy
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@markbr9429 Here in Canada We are deadbeats who lived an overindulged high standard of living on borrowed money and we didn’t have the kids to replace us since the 1970s Even worse we have cash poor but house rich seniors So we pack in the immigrants the poor ones to make our french fries and flip us over in bed in the old age home the rich ones to prop up the real estate Sound familiar in Australia?!!!
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