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What Wealthy Chinese Want

Started by hol4
almost 15 years ago
Posts: 710
Member since: Nov 2008
Discussion about
..To leave China "In China, nothing belongs to you. Like buying a house. You buy it but it will belong to the country 70 years later," said Su, lamenting the government's land leasing system. "But abroad, if you buy a house, it belongs to you forever," he said. ... [more]
Response by NYRENewbie
almost 15 years ago
Posts: 591
Member since: Mar 2008

Interesting link. Thanks.

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Response by wavedeva
almost 15 years ago
Posts: 209
Member since: Jan 2006

This explains a lot.

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Response by justin21
almost 15 years ago
Posts: 21
Member since: Aug 2011

80% back to buyers 50% back sellers
http://theartinrealestate.wordpress.com/

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Response by nyc10023
almost 15 years ago
Posts: 7614
Member since: Nov 2008

They've never looked into the history of how "enemy alien" holdings are treated in the West.

I've been reading "The Hare with Amber Eyes", and the vast foreign holdings of a banking scion were confiscated after the 1st World War because he had Austrian citizenship. Ah, and the coda? The bulk of his remaining (Austrian) assets were lost to Aryanization.

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Response by NYC245
almost 15 years ago
Posts: 1
Member since: Sep 2011

'enemy alien'?

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