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China Property Collapse Has Begun
Forbes ^ | April 13, 2014 | by Gordon B. Chang

Posted on 04/15/2014 8:03:31 PM PDT by Oldeconomybuyer

click here to read article


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1 posted on 04/15/2014 8:03:31 PM PDT by Oldeconomybuyer
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To: Oldeconomybuyer
Walmart will be closing its Zhaohui store.

I'm sure Zayre or maybe G.C. Murphy will fill the void.

2 posted on 04/15/2014 8:05:16 PM PDT by re_nortex (DP - that's what I like about Texas)
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To: Oldeconomybuyer

This cannot be good - the king pin is about to fall.


3 posted on 04/15/2014 8:06:37 PM PDT by impactplayer
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To: Oldeconomybuyer
and the ghost cities aren't even mentioned...
4 posted on 04/15/2014 8:09:17 PM PDT by Chode (Stand UP and Be Counted, or line up and be numbered - *DTOM* -vvv- NO Pity for the LAZY - 86-44)
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To: Oldeconomybuyer

suppose they will want to collect on the US notes they hold??


5 posted on 04/15/2014 8:10:36 PM PDT by elpadre (AfganistaMr Obama said the goal was to "disrupt, dismantle and defeat al-hereQaeda" and its allies.)
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To: re_nortex

Montgomery Wards wants the China locations ...


6 posted on 04/15/2014 8:12:16 PM PDT by Oldeconomybuyer (The problem with socialism is that you eventually run out of other people's money.)
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To: Oldeconomybuyer

You know Communism is dead when China’s once red hot real estate market is headed for a crash.


7 posted on 04/15/2014 8:13:44 PM PDT by goldstategop (In Memory Of A Dearly Beloved Friend Who Lives In My Heart Forever)
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To: Oldeconomybuyer; Revolting cat!
Tim-berrrrrr!


8 posted on 04/15/2014 8:20:49 PM PDT by a fool in paradise (The new witchhunt: "Do you NOW, . . . or have you EVER , . . supported traditional marriage?")
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To: Oldeconomybuyer

Former US cattle ranches a steal for chinese middle class suburbia.


9 posted on 04/15/2014 8:23:04 PM PDT by SpaceBar
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To: Oldeconomybuyer

The Chinese are buying up real estate in this country at a record rate. I know r.e. lawyers who say they handle closings where mainly Chinese is being spoken.


10 posted on 04/15/2014 8:25:00 PM PDT by ladyjane
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To: a fool in paradise

Dammit, I told everybody not to lean on it!


11 posted on 04/15/2014 8:26:01 PM PDT by headstamp 2 (What would Scooby do?)
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To: Chode

yeah i do not get the whole ghost cities thing. building just to build stuff they won’t let anyone use.


12 posted on 04/15/2014 8:28:16 PM PDT by Secret Agent Man (Gone Galt; Not averse to Going Bronson.)
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To: ladyjane

Isn’t that what happened with the Japanese right before their financial crash? Everyone was worried about them buying up American properties and then boom, they fell through the floor


13 posted on 04/15/2014 8:28:36 PM PDT by McGavin999
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To: Secret Agent Man
the pictures of them are stunning and spooky as hell...

but apparently they aren't entered into the bubble equation, go figure

14 posted on 04/15/2014 8:33:20 PM PDT by Chode (Stand UP and Be Counted, or line up and be numbered - *DTOM* -vvv- NO Pity for the LAZY - 86-44)
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To: a fool in paradise

At least those buildings are far enough apart that they avoided the domino effect. Who says the Chinese don’t plan things well?


15 posted on 04/15/2014 8:34:29 PM PDT by Fresh Wind (The last remnants of the Old Republic have been swept away.)
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To: a fool in paradise

It’s going down, I’m yelling “TIMBER!”....


16 posted on 04/15/2014 8:35:03 PM PDT by dfwgator
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To: re_nortex; Chode

Maybe J. C. Penney’s will purchase it?


17 posted on 04/15/2014 8:39:01 PM PDT by SgtBob (Freedom is not for the faint of heart. Semper Fi!)
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To: Oldeconomybuyer

America should start buying property in China with the money we borrowed from them. Then, at least when they confiscate foreign owned property, we can call it settled debt at whatever price they say the real estate is worth.


18 posted on 04/15/2014 8:40:11 PM PDT by Tenacious 1 (My whimsical litany of satyric prose and avarice pontification of wisdom demonstrates my concinnity.)
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To: Oldeconomybuyer

Schadenfreude.


19 posted on 04/15/2014 8:42:05 PM PDT by greeneyes (Moderation in defense of your country is NO virtue. Let Freedom Ring.)
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To: SgtBob
can't be any worse than their current business strategy... 8^)
20 posted on 04/15/2014 8:43:07 PM PDT by Chode (Stand UP and Be Counted, or line up and be numbered - *DTOM* -vvv- NO Pity for the LAZY - 86-44)
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