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China housing prices drop


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2014 Nov 17, 11:08am   1,054 views  3 comments

by tovarichpeter   ➕follow (6)   💰tip   ignore  

http://www.bloomberg.com/news/2014-11-18/china-home-price-drops-in-all-but-one-city-as-slide-drags-on.html

Cranes operate at a residential construction site in the Gongbei district of Zhuhai, Guangdong province, China. Home prices will continue to decline modestly next year as developers offer promotions or discounts to reduce stock that will remain high, according to Moodys Investors Service.

#housing

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1   marco   2014 Nov 17, 9:22pm  

Really .. stupid communists- to let 1-2% of their ultra- rich control the whole society.

We're too smart to allow that to happen here. In the Home Of The Brave.

2   marco   2014 Nov 17, 9:26pm  

How do you spell "duh"?

"Americans are virtually blind to the growing gap between CEO pay and the pay of the average worker. As the chart below shows that gap has increased dramatically. In 1965, for every dollar earned by the average worker, CEOs earned 20 dollars. By 2012, that gap mushroomed to 354 to one.

But, when asked in the survey, Americans grossly underestimated this gap. Instead of 354 to 1, the Americans in representative survey think it is only 30 to 1. When asked what the ideal pay gap should be, Americans say that a fair gap would be about 7 to 1."

3   marco   2014 Nov 17, 9:28pm  

Does Amazon sell guillotines ?

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