huge credit bubble in china , page-36

I give you one thing jantimont, you are right in sticking to an area you know and can read what is going on. To many times on here all property is thrown in the one basket. While individual areas may bounce up and down. Only the person on the ground in that area understanding the factors of the specific area can read it. Even if it is above the mil mark. Sometimes bigger land size different types of housing factors into prices. In a good area if a drop occurs good development land may drop even more as developers margins are not there. But could be in 2 years time. More kudos to you jantimont for a good explanation and understanding the market you buy and sell in. Probably one of the better explanation I have heard, and not that it probably means much but I do respect choice and where your coming from.