There is another dimension not mentioned in the thread referenced above, and in your post.
The effect on producer margin. Low margin business goes into the tank. Job losses in the millions as a consequence. This totally wrecks CCP social security, bloating their debts even more: 350% of GDP and rising. Just think of what this means: CCP is living 2.5 years ahead of where they are!!!
I would suggest CCP starts to eye extending the rehabilitation projects on the Löss Plateau (See John D. Liu), which would underpin rural life, instead of racing towards more exports and lacking domestic consumer demand. I mean, how else can you expect demand to grow if there:
is no job perspective to grow income
the limited way in which people can grow there money with investments took a nose dive of 10-20%
Housing bubble is about to explode
there is single silver lining, or should I say gold lining:
If people had invested in gold as they can since a couple of years.
economic depression means less CO2 production so now CCP can claim being the green winner.
With regard to buying land, that is impossible in CCP CHINA. The best one could do is lease it, which is effectively the case in the US as well.
To obtain an allod (= all = all, od = Germanic: öde/ land) title i.e. freehold title / land patent that is still possible in the US, and perhaps in some other jurisdictions in the world.
Generally, thanks to socialist policies, people no longer have a freehold title.
That said: in terms of housing bubble .... I'd rather have land than investments in fancy sounding cities and new builds. Cities are prisons where, if .gov want so, you could not even stand on the balcony and smoke a joint.
A friend of mine is a grower of all kinds of plants and trees. And somewhere on his premise, he has some interesting herbs, that we smoke from time to time in good spirits around a campfire!
In a city you'd need flushing toilets, waste disposal, etc. On your own land, if you plan it carefully, you waste is minimal and usually recyclable.
Absolutely true.
There is another dimension not mentioned in the thread referenced above, and in your post.
The effect on producer margin. Low margin business goes into the tank. Job losses in the millions as a consequence. This totally wrecks CCP social security, bloating their debts even more: 350% of GDP and rising. Just think of what this means: CCP is living 2.5 years ahead of where they are!!!
I would suggest CCP starts to eye extending the rehabilitation projects on the Löss Plateau (See John D. Liu), which would underpin rural life, instead of racing towards more exports and lacking domestic consumer demand. I mean, how else can you expect demand to grow if there:
there is single silver lining, or should I say gold lining:
Your #3 point of the housing bubble about to explode?
100%
This is the worst time in the history of the world to buy a parcel of land.
But, at the same time? The elites do not want us to buy a parcel of land.
My thought?
They think they are being clever and will enslave us into high interest properties, but here is the thing they did not calculate.
These young buyers are factoring in all the other cost.
Like, property tax.
Hehe
I actually have great faith in the youngins!
With regard to buying land, that is impossible in CCP CHINA. The best one could do is lease it, which is effectively the case in the US as well.
To obtain an allod (= all = all, od = Germanic: öde/ land) title i.e. freehold title / land patent that is still possible in the US, and perhaps in some other jurisdictions in the world.
Generally, thanks to socialist policies, people no longer have a freehold title.
That said: in terms of housing bubble .... I'd rather have land than investments in fancy sounding cities and new builds. Cities are prisons where, if .gov want so, you could not even stand on the balcony and smoke a joint.
A friend of mine is a grower of all kinds of plants and trees. And somewhere on his premise, he has some interesting herbs, that we smoke from time to time in good spirits around a campfire!
In a city you'd need flushing toilets, waste disposal, etc. On your own land, if you plan it carefully, you waste is minimal and usually recyclable.