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Steven Phillips
China Observer
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Comments by "Steven Phillips" (@stevenphillips3466) on "Collapse Irreversible! Pre-owned Housing Prices Plummeted by 50%! Bubble Burst, No More Demand!" video.
The CCP had better start that war with Taiwan soon to take the Chinese peoples minds off the internal economic slide
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Its the Corruption , kick backs, Cronyism insider trading , Bribes to government officials that seem to make doing any business or real estate transactions insane in China . The Fraudulent way contractors get the money and only finish half the building then seem to run out of money or just plain disappear ?! I wouldn't buy any real-estate in China . A corrupt and fraudulent Legal system is the cause . Buyers have no recourse and when the money is split between the corrupt contractor / Bank / local officials and leaves the poor home buyer with Nothing and no recourse ... People can only take that for so long before they rebel
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