Think twice before you buy a young white-collar

 (Truth of a character asks in August 2009 the old text, but today it seems still not out of date. For those who blindly follow the trend, act recklessly, will be mired in debt quagmire of their own so-called br> fully warmed up the first half of the property market touched a sensitive nerve of all, many young white-collar years of silence finally tempted housing. Maybe in their eyes, the price is really family bring disaster. I say this not alarmist. In my opinion,UGG shoes, if the credit huge amounts of money in 2006 to buy a house before you could understand, because when the economy is still the economy, but in the 2008 financial crisis After the outbreak of uncertainty in the economic outlook today, you still make that choice (and paid a high price even more), then this error is inexcusable, is tantamount to digging your own grave.
I through several years of observation, found that Chinese people generally lack the ability to think independently, and this character and level of education, such as education, professional and so it seems there is no significant association. Every time I remind the good friends around white-collar vigilance real estate bubble, They always quote some views of these experts conducted a serious and detailed scrutiny and analysis, I believe them, just because they are the experts, is the authority; or had already intended to buy their own, and just need to find some reason to give yourself a psychological comfort, and the so-called Expert opinion is to meet the demands of this heart?
I can not totally negate all of the mainstream economists, real estate experts, many of them do have the voice of special interest groups, but there are some people in speaking out. people per capita has the right to express their opinions, so whether these experts and scholars for the Home Builders rally, or instead of think for themselves, to tell you the answer. the market economy is that the essence of fair trading. except you, no one would be responsible for your money. Never lose hope after the Vanke sales offices to send a wreath to resolve Wang any problem, this is a mature performance.
prices really will go up forever it? In answering this question, we'd better understand why the 21st century, China's housing prices will get shaking gains. Why is this event did not occur in the 80's, 90's?
where the driving force behind rising prices?
was said to be about its legitimacy: Wenzhou Economic accounts for what percentage of total GDP, they really have such a strength of blowing hot and cold, to Shanghai, Beijing, Shenzhen's housing prices in five years, turned up 10 times? even if they really have so much energy, Why did not you fight? after 30 years of reform and opening up, and why nothing in the 1990s? Wenzhou is not the 21st century can only occur on Earth. this, you will think of the timing of the introduction of national policy. Indeed, in 2003 on August 31, the State Council issued The housing boom is lit the first fire, but still not deep-seated reasons. I can boldly assert that, if such a policy on the 1990s, will not play such a In fact, the biggest driver of rising property market is crazy, out of the country, and in the United States. If you usually pay attention to international finance, then when that a historical low, What is it in secret?
serious look at the performance of the property market over the same period all over the world can be found in addition to China, the United States, Britain, Japan, Australia's real estate market have both been seen for 30 years, the sharp rise, though, and we still less than great. The stock market also prospered attraction. is not difficult to see that this is the wave of global market, has joined the WTO, China is certainly impossible to avoid. The driving force behind the Who? The answer is the former Federal Reserve Chairman Alan Greenspan.
Although many mainstream economists have not recognized (major new Keynesian), but I've always believed that asset prices (stocks and housing) rapid increases in inflation itself is a kind of expression, although they were never Statistics in the CPI. This is probably Alan Greenspan from 2001 to 2005 the reasons for the long-term commitment to low interest rates, because although the housing market during the unusually hot, but the CPI has remained low. If in accordance with the Austrian School, inflation to be only one currency phenomenon that, then can assume that too much money is the only leading cause of asset price inflation. From 2001 to 2008, China increased more than 2 trillion dollars in foreign exchange reserves, even if in accordance with the 1:7 exchange rate,UGG boots clearance, In order to change these dollar inflows, we also issued at least more than 14 trillion yuan! fact not difficult to find, this time all the prices are rising, but rising property market the most crazy, because it is relatively scarce in China investment goods. hot money well aware, the Government abolished the people's welfare housing, the housing prices so high, the Chinese people have to foot the bill. In fact, this situation occurs not only property, then the international circulating a statement, called Buy China. understand: then you, you have to buy! This is an outright abduction.