3 ms·
I dont think its nimby-ism, i think its just the development industry recuperating from a very high-high that made them go bankrupt very quickly. The chinese m
by conanbatt 10y ago
I dont think its nimby-ism, i think its just the development industry recuperating from a very high-high that made them go bankrupt very quickly.
The chinese money angle is interesting, and though it can definitely help raise prices, once development gets hold of demographic growth, and a tad more, even increase demand would be met with increase supply.
One of the great problems nowadays is that supply is not catching up and lots of measures are being put in place to limit demand, but once =supply catches up (which it can, and considering prices theres little reason to think otherwise), house prices could stabilize or even go down.