By: Immy Zhang

Immy Zhang — Mon, 20 Oct 2014 05:43:02 +0000

Under China’s stunning development speed and breathtaking GDP number，we can see so many disappointing truths. I strongly support the author’s statement. What China is doing with the real estate is not economy at all. Such economic bubble is flourishing and shining seen from the start. However, we can see some adverse clue from the current situation that houses are expensive but no buy.
The government is trying to turn the table in some extent. But with the enticing game set by predecessors and troublesome situation impossible to start over, anything seems to be useless until the market speaks for itself.

By: Jamel

Jamel — Sun, 19 Oct 2014 11:09:49 +0000

I can’t deny these words are true.Since several developers made money a priority， goverment officials’corruptions and real estate in most cities of China is expensive.Much reconstruction work was shoddy.Real estate accounts for too much of China’s GDP.The fixation with growth is to blame for many of today’s problems.I think developers and officials are culpable.Some citizens’ speculation exacerbate the problem.I hope most people are socially responsible.This kind of behavior mentioned is a waste of social resources.

Comments on: Sindicator, Ep.04: Chai-Na, Development By Destruction

By: Immy Zhang

By: Jamel