Originally Posted by
jiejie
It's a bubble, and on your last point, I'm sure it will pop and it will be ugly for some residential unit owners and commercial speculators who are overextended. On a governmental basis, the days of living high on the hog off of selling land rights to developers at the expense of more thoughtful, rational and sustainable economic plans...are likely numbered.
I don't believe Nanning is a bubble at this point in time. I haven't seen any apartments here that cost more than 10k/sqm, and 5k is the standard.
Switching topics, I registered with the police today, and was the first foreigner to ever do so. It was an arduous process.