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I always hear that everyone invest in real state (even in the middle of nowhere) because nobody is allowed to lend money in China. if there are so many people
by gcb0 10y ago
I always hear that everyone invest in real state (even in the middle of nowhere) because nobody is allowed to lend money in China.
if there are so many people wanting to borrow, where's the huge informal money sharks? I'm guessing there are none or they are even worse than a company that violates your privacy on your phone.
- rahimnathwani 10y agowhere's the huge informal money sharks? Wenzhou http://www.maoxian.com/thoughts/wenzhou-private-lending-composite-rate http://www.maoxian.com/thoughts/wenzhou-private-lending-comp...