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I know, I just mean that people are generally going to spend much more of their wealth on local land than abroad, so there's no way the land purchase breakdown
by ericd 7y ago
I know, I just mean that people are generally going to spend much more of their wealth on local land than abroad, so there's no way the land purchase breakdown is going to be anything like the global GDP breakdown.
- seanmcdirmid 7y agoTrue, but they already do. China is basically just exporting some of the property bubble they already have back home (just like the Japanese did in the 80s).