China's salary has been growing faster than inflation.

来源: cultuslake 于 2007-09-17 21:44:36 [] [博客] [旧帖] [给我悄悄话] 阅读数 : (263 bytes)
本帖于 2007-09-18 10:08:24 时间, 由普通用户 表情符号 编辑

In the eighties, the interest rate went to as high as 18%, salaries did not increase much, people could not make mortgage payments and just walked away from their houses.

And properties became dirt cheap.

That is not a theory, that was a fact.

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• But that still hasn't answered the question: -miat42- ♂ 给 miat42 发送悄悄话 miat42 的博客首页 (135 bytes) () 09/18/2007 postreply 08:05:27

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