I get the impression he spends a fair bit of time talking to...

I get the impression he spends a fair bit of time talking to himself anyway?

Back to business. This video explains really well the nuts and bolts of the Chinese property market - why its speculated upon, tax arrangements, and funding. Its a very crazy system.

Its ironic that in the last decade Oz and the USA have been under building , creating a shortage and thus inflated property prices, whereas China has been over building like crazy, creating a surplus but still with inflated prices on top! Thats not how it works.....