Originally Posted by
trueblu
40-60k/sq. m is absolutely standard where we live -- and I'm pretty sure we're nowhere near the most expensive part of BJ. SH will be even more in the very desirable areas. Although everyone is convinced this isn't a bubble -- because the Chinese govnt won't let it be, I'm not so sure.
tb
I thought it was a bubble when it was 10k/sq. m.
3-4 seemed true value.
Chinese govt won't let the bubble burst.
When you have so much money and so much control and
solid expectations of future growth, the people are correct...
there is no bubble..it's the egg of a golden goose.