Comments by "Sparkling Wine" (@vueport99) on "Why People Live in Unfinished Buildings (Rotten Ended Buildings) in China?" video.

  1. Because everyone thinks of the massive population and if everyone only gives them $1. They'll be rich! That's the foundation of all scams. Anything real estate related in China is state sponsored scams. However JP Morgan is running head first into it. Go figure.
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  2. Who is responsible if residents are living there and the building collapses?
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  3.  @fansongyi  it's fraud when govt run banks loan them money they can't repay and leave the citizens holding the bag as shown in the video
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  4.  @LukeXMV  I don't think he was talking about foreign investors buying property. He's talking about investments in businesses etc
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  5.  @fansongyi  same thing. You answered your own question. State owned banks means govt owned
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  6.  @robertbrown1338  and the banks are controlled by the govt who then gives the loans to the developers while giving mortgages to the buyers. You can't move money of this scale in China without govt being notified if not outright involved
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  7.  @robertbrown1338  the question was for the little pinks
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