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>upper-middle class Chinese person looking to secure assets outside the purview of the authoritarian government they are forced to live under will pay a premium
by petermcneeley 4y ago
>upper-middle class Chinese person looking to secure assets outside the purview of the authoritarian government they are forced to live under will pay a premium
I think this plays such a significant role in the motives behind the foreign investment that even if housing was going down they would still make this trade.
- JamisonM 4y agoAnd any jurisdiction that loosens zoning restrictions can benefit from the investments that will expand availability instead of being harmed by the consumption of a scarce resource. Potential for a win-win situation.