Comments by "May L" (@MeiinUK) on "600 Million Buildings in China, Yet Ghost Towns Are Everywhere |A Woman Owns 1200 Suites in Shenzhen" video.

  1. This is a f!cked up system... What the heck is this?... I get it now. So.. when they are still a public or state owned enterprises. When they go bankrupt. Their stock is then sold in the private sector as second hand goods. Often sold at an even higher prices than it's original costed price. Often to foreign countries. Hence this hidden market now reaches three hundred trillion us dollars... Wtf. Abs they don't have enough banks to retain it. Don't have enough serialised money.... Hence their money duplicates too... Lol ... Omg. No wonder some people don't care.
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  2. It goes to show you, how you don't even get what is going on... cos you don't understand the language.... So.... And it is also odd that you don't even know who or what is the government or not etc..... Lots of misunderstanding.
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  3. You can apply any kind of "lump sum" on top of any building.. Here in the UK, we have something called "stamp duty" when you buy and sell a property. Even when you own the property, you then have to pay something called "council tax"... Maybe cos she is renting out the property.. for money... She is... or the PRC government is looking at another form of taxation for her, in her case. So.... This is reasonable to be honest. Cos here in the UK, normally, it is VERY clear... like... if you open a business.. Then it is a case of "company tax".... And that profit level is also taken, as a percentage of your earning, and the rental of the property is already minused etc etc. So... Since she is definitely milking this, like a lot of it. So why shouldn't the local authorities near her, get something back in return ?? They should. Afterall, she lives in a Tier 1 city. Some laws and some taxes do and don't apply to different regions. So... What did you expect to see happen, to be honest ??? I pay a LOT actually even in the UK !!! And this is the fault of China any way, cos they produced SO many goods... faster than the entire world's politics and their laws could evolve. But this is too fast.... and here we are... we now see the results. (And Western world has no more money either.) So yeh.... Global depression is not the recent thing in this century. USA have gone bankrupt before as well... So.... So why isn't China going bankrupt? This video shows that they are. This is what happens when you try to please everybody and not to get some people ready.. or focused...
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