SiliconInvestor
     Advanced Search   [ sign in ]

register
Sponsor		  register
Register

 Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

 Public Reply | Prvt Reply | Mark as Last Read | FilePrevious 10 | Next 10 | Previous | Next  
To: GST who wrote (109613)2/17/2011 9:35:57 PM
From: russwinter of 109988
 
After screwing around with this real estate bubble some draconian measures here. This looks like how Japan finally dealt with their bubble, and when know how bubbles end up.

Under the rules, non-Beijing residents must have paid their monthly social security contribution or income tax for five consecutive years before they are eligible to buy their first apartment in the city. The rules also state that people with Beijing residence permits will be limited to two properties, and eligible non-locals will be allowed to buy only one. The rules will become a wind vane for other cities.

chinadaily.com.cn 
Report TOU ViolationShare This Post
 Public Reply | Prvt Reply | Mark as Last Read | FilePrevious 10 | Next 10 | Previous | Next  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQ
Copyright © 1995-2013 Knight Sac Media. All rights reserved.