Comments by "HKim0072" (@HKim0072) on "China’s Housing Market Doomed! Developers Slash Prices by 70%, Former Owners Riot at Sales Offices" video.

  1. Always wondered why people didn't question the rent payment vs mortgage payment spread. Excluding expensive places for foreign corporate workers, I saw some crazy numbers. It sounded like a Chinese mortgage payment will 2x the payment if you rented the same place. And, in some extreme cases, I saw 3x or more. That's why some people didn't even bother renting their places and just left properties sitting there and unfinished. Always felt like the arbitrage was renting a place and using the savings for well, not Chinese stocks.
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