Shanghai post-Expo Real Estate predictions

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shangpudi

Squeeker

Joined: July 02, 2009
Posts: 19

Status: Offline

Posted: July 20, 2009 - 10:55 PM
Post subject: Shanghai post-Expo Real Estate predictions

World Expo is just around the corner and SH Real Estate prices have climbed dramatically the past 3-4 months. I believe there are a lot of foreignors banking on the pre-Expo real estate growth but nobody discusses the aftereffects of the Expo. I've spent quite some time researching post-Expo property prices of previous Expos cities w/o much avail. Any comments or predictions? My personal belief is a downfall of RE prices because the Chinese are so speculative and not very realistic after all the hype is gone. China is a gamble, might as well make it something worth wagering.

Rumpelstiltskin

PopStar

Joined: May 13, 2009
Posts: 1293

Status: Offline

Posted: July 21, 2009 - 12:19 AM

Apartments prices as well as stock prices are rising despite crisis (stocks are 50% up since February 2009). Can't explain that, only government is "printing" lots of RMB amd it ends-up in real estate and stocks as kind of inflation...