Comments by "HKim0072" (@HKim0072) on "China’s First-Tier Cities’ Worst Fear Realized: Housing Prices Plummet 75% With No Bottom in Sight" video.

  1. I bet Pooh Bear's family sold their properties years ago.
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  2. Pooh Bear is the worst game player of Sim city ever.
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  3. Using the price to income ratios as a baseline, -75% gets prices in-line with the US. That's near the bottom. But, then it's not really an investment and it's still an oversupplied market.
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  4.  @RM-dc6zd  Usually in lower developed countries, you'll get 1-2 cities with an outstripped ratio because all the rich people live there and there are high pockets of real estate. Like Kathmandu is 33 to 1. Shanghai / Beijing got to nearly 50-1. A bit problematic. The bigger issue were the lower tier cities were in the 20 to 30-1 ratios. It was way way over in every area. NYC is 10-1. (Obviously, data gathering is imperfect. Have to look at generalities rather than exact specific numbers.)
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  5. Dude - it's called the price to income ratio. Pretty easy to look at cities in the US and worldwide.
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