Hainan-Sanya-Haikou Expat - Latest comments on China Property Bubble or Not? UPDATED 1/14 Focus on Shenyang's New Development area and Mario Eating Humble Pie in Dadonghai http://sanyaexpat.com/index.php?blog=1&disp=comments en-US http://backend.userland.com/rss 60 In response to: China Property Bubble or Not? UPDATED 1/14 Focus on Shenyang's New Development area and Mario Eating Humble Pie in Dadonghai Thu, 14 Jan 2010 13:23:58 +0000 martin clark [Member] c412@http://sanyaexpat.com/ I'm pretty sure they know what's going on. Hainan's leaders include well-educated folk that have traveled and studied foreign models. <br /> "Build it and they'll come" (that seems true enough), "then they'll eventually work out how to use it" (i.e. not leave good property empty). <br /> The idea is that extended family and friends will eventually fill in the down time, generating commercial activity throughout the year (multiplier effect) and, by the way, helping to maintain demand for property and therefore property values. "Build it and they'll come" (that seems true enough), "then they'll eventually work out how to use it" (i.e. not leave good property empty).
The idea is that extended family and friends will eventually fill in the down time, generating commercial activity throughout the year (multiplier effect) and, by the way, helping to maintain demand for property and therefore property values.]]> http://sanyaexpat.com/index.php/apartment-rentals-news-research--sanya-rates/title-25?blog=1#c412