Sure, there are issues and there is definitely a speculatory angle to Chinese real estate. That's not debatable. However, I don't think there's an average Chine

Sure, there are issues and there is definitely a speculatory angle to Chinese real estate. That's not debatable. However, I don't think there's an average Chinese household, and it's hard to interpret these genericized and simplified third or fourth hand statistics and draw any valid conclusions. In short, I don't believe (though do not fully dimiss) random other-language reported numbers reported in tabloid format, rather I am inclined believe the people and my own eyes.