Another Equities to Housing Anecdote

One real estate investor in Beijing dropped 60 million yuan on 30 properties in Shunyi. The money came from his stock market winnings.

Insiders broke the news, May 26, a passenger in Beijing Shunyi Investment Property once ordered 30 sets of real estate, with a total value of over 60 million yuan. This reporter has learned that surnamed Zhang investors in financial investment business, in this wave of the bull market in lucrative projects in the Beijing Shunyi than one order containing business apartments, shops, including 30 sets of real estate, but he plans to part of the stock market profits funds only for property investment.

And Shanghai, as to improve their living conditions are also a lot of Beijing's stock market gainers reason to buy a house shot. A project official, who had just signed its more than 2,000 million purchase of person to buy a house is from the stock market cash. The buyers who had chatted for a property consultant, said he is determined that there will be more and more of the stock market gainers cash to buy a house, will certainly promote the Beijing housing prices, while the property market is now at a relatively low admission, both to improve their living conditions , but also to enjoy the future appreciation of property dividends.

There are developers with the "market is the stock market's harvester" to describe this phenomenon. "The stock market soared on the property in terms of long-term is a good thing."

iFeng: 股市推动房价上涨 购房者一次性购买30套房