Property

Property.
Prosperity or Poverty?
Depends on When & Where you've bought.

Many years ago, Property was only a Necessity.
But it had eventually become a Commodity.
For making a Quick, Big Profit.

Just look at the Madness in HK.
Last Year, Property Price rose by over 30%!
That's an Average, meaning some could be..
Over 50% Rise...in a year!!

But of course, there was Big Loser too.
Dubai saw its Property Price dropped by...
40% last year!
No. 1 ....at the bottom!

This has shown that Property has 2 sides.
Make It or Break It.
Many became Millionaires in a short time...
In late 90s in UK, 2000s in US Property Market.
Many more now become Homeless in US & UK!!

1st Wave triggered off by US Property market.
2nd Wave is coming from...China's Property Market.
A Market where 2nd line cities rose by over 100%,
And Beijing's rose by almost 90% in a year!

What Goes Up will Come Down - Eventually.
Anyone saying that China could handle this,
Should ask themselves 1 question,

"US Economy is 8 times larger than China,
& still couldn't handle the Property crisis,
Why does anyone think China can?"

Fate
CRASH comes when noone sees it Coming
www.myboysmyboss.blogspot.com