I sympathize. I run a wholesale / delivery bakery in Beijing. I've been looking for a storefront for over a year, but am convinced that most people who've signe

I sympathize. I run a wholesale / delivery bakery in Beijing. I've been looking for a storefront for over a year, but am convinced that most people who've signed rental contracts to do retail within the past year or so are currently losing money. That is to say, I think the cost of commercial real estate (and likely residential) is currently too high. But that seems to indicate that it will eventually go down - if enough people start realizing they can't turn a profit with the property they're looking to rent, demand will sag, and prices should follow. But maybe not in the near future - we've been seeing some serious inflation over the past couple of months.