PS: IMO China has learned from the Japanese
& US property market failures and like the
Republic of Ireland 2008-2018 , it will simply nationalise
failed private enterprise real estate projects and
cash-in later.
I guess the key to China's overbuild is that
at least property inflation won't drive general
inflation like that of Aus and that as rural clearances
continue to make room for commercially viable farming
that the current excess real estate surplus will be
likely filled within a decade . The rural migration to
cities has been the cornerstone to China taking
hundreds of millions out of poverty and, IMO,
that process will, more likely than not, continue.
It looks like population growth has peaked at 1.4 Billion
despite china lifting the one child policy and, IMO,
once China sorts out its youth unemployment there
will be an increased demand for housing.
PS: In 2 generations despite China's one child policy the population
of China has more than doubled!
- Forums
- Economics
- Chinese Economic demise..Wishful US Thinking?
PS: IMO China has learned from the Japanese & US property market...
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)