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Old 12-11-2011, 05:15 PM
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just read from the newspaper that property sales in China are slowing at a very fast pace these 2 weeks. Few hundred brokerages have dismissed few thousands workers.

The article even commented whether this would be the start of a snowball effect of property crash.

Well, I look at the number of highly paid people in this decade compared to 90s, where alot of people didn't earn $5000 as easily, I think more people are able to afford private property and support the unit.

I have been looking at the market since 2009 and thought the following month would be the crash and thought so again, again, again....But the crash never came. So many people have been talking about it, but that's only it.

Not cursing the market, but perhaps the crash is coming ... next year? If not, let's hope not, because I might be taking a property next year.
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