So what? Iceland's housing price has increased by 40%

来源: worriedmom1 于 2012-06-05 08:08:50 [档案] [博客] [旧帖] [给我悄悄话] 本文已被阅读：次 (438 bytes)

回答: Beijing Alone Has 50% More Vacant Housing Than The US 由 DCist 于 2012-06-05 07:04:56

last year even though Iceland had only 300K people and the country was effectively defaulted on its sovereign debt in 2008.

Iceland put a control on its capital flow. Money can't get out of the country, what else can these people do?

China is the same. Money can't get out. Saving rate is still high. Government has room to make big ticket investments...

beijing's housing would go up regardless of vacancy.

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