Comments by "" (@thomasherrin6798) on "$56 Trillion Sector Squeezed - China’s Biggest Bailout Since GFC | Property | South China Sea" video.

  1. Yes they are a parody of themselves but unfortunately they pose a major threat to peace in the region, the Phillipines must push their claim however or China will just bulldoze them!?!
    6
  2. "Estimated 20 million" or is it 60 million, that's the trouble with China it's all smoke and mirrors, does anybody know the truth, and like Tony said that's without the empty housing not selling which is 90 million to 3 Trillion, at the bottom end that represents 9 years supply on a declining population with a further 6 million new homes been built each year that stock would last for about 15 years total, at that's at the best evaluation, at the worst it would be a stone dead market!?!
    3
  3. That money will never see the light of day that's why the CCP is keeping a tight lid on it (As with almost everything else where there is a dispute, the CCP will not allow dissent, it's not in their interests)!?!
    3
  4. ​ @HKim0072  Yes the developers have to finish the paid for but unbuilt homes or compensate the buyers (Which the developers are unlikely to do as the houses are overpriced), but the property market needs adjusting to the new normal of at least 50% reduction overall, that will put the cat amongst the pigeons!?!
    1