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>price goes up People can't afford housing because Chinese are buying up all the houses. >price goes down People lose life savings because Chinese are not bu
by RomanBob 7y ago
>price goes up
People can't afford housing because Chinese are buying up all the houses.
>price goes down
People lose life savings because Chinese are not buying up all the houses.
- inlined 7y agoAnd yet somehow I managed to time my purchase right in the inflection point.
- i_feel_great 7y ago>prices remain the same Zero growth, return on investments bad, need economic stimulation quick
- rxhernandez 7y agoI don't agree with either statement at all but the second statement seems predicated on the first. That is, some people bought in a bubble the Chinese created and they lost their savings when the bubble popped and the Chinese stopped buying. This does not at all resemble the dichotomy of, damned if you do or damned if you dont, like you seem to be implying. Again I do not agree with either statement even remotely. I haven't done any serious research on the current housing market and dont harbor any feelings or ideas on it.
- JMTQp8lwXL 7y agoIn a dual-sided market, price movement negatively impacts one group, and positively impacts the other. The negative headline generates more clicks.