Part of the issue for China going forward is that residential property valuations are based on speculative demand and low liquidity. Take that speculative demand away & eventually the valuations just dont make sense, creating a negative wealth effect. Chart: Goldman , page 4

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Part of the issue for China going forward is that residential property valuations are based on speculative demand and low liquidity.

Take that speculative demand away & eventually the valuations just dont make sense, creating a negative wealth effect.

Chart: Goldman
时政
( twitter.com )

2年前由 Tarric Brooker aka Avid Commentator 🇦🇺 提交

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They know the most important part of life is having a life partner….treating her sensitively.
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🤦‍♂️What an incredibly stupid question by the interviewer: "Can you give up any part of Ukraine for peace?"
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Andriy was wounded in battle and lost part of his leg. During his rehabilitation, he and fellow veterans hiked the 927-meter mountain Klyuch near the village of Trukhaniv in the Lviv region.

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The impossibly rich lifestyle of DC liberals, funded by YOU the taxpayer, without your consent or approval. This is how they live, and the receipts prove it.
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Elon Musk
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THREAD) 1. This is the moment when Japan started releasing treated nuclear water from its Fukushima plant into the Pacific Ocean.

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Very cute!
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