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Preconstruction sells at 30% discount, people gamble with their life savings considering PRC housing prices to income, but flip side is also massive speculative
by dirtyid 4y ago
Preconstruction sells at 30% discount, people gamble with their life savings considering PRC housing prices to income, but flip side is also massive speculative profit if things work out.
- civilized 4y agoAh, so this is just crypto and ICOs. But at least you get rights to real physical property instead of virtual Pokemon cards.
- chaostheory 4y agoWell, the CCP owns the land. At best they only lease it for a max of about 75 years give or take.
- civilized 4y agoSomebody else posted that they tried to make renewal of the lease conditional on payments but backed down in the face of protests.