Real Estate Newsletter Articles this Week: New Home Sales Increase to
693,000 Annual Rate in March
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At the Calculated Risk Real Estate Newsletter this week:
• New Home Sales Increase to 693,000 Annual Rate in March
• Lawler: Observations on the Recent Sur...
2010-12-10
20-something Chinese show off their wealth
Before 2008, it was popular for young Chinese to show their wealth on the web, usually consisting of cash, credit cards, gold watches, etc. Now, a slightly younger crowd is getting into the act. China's stock market is near it's lowest levels of the past five years compared to gold, but real estate prices continue to increase and Chinese invest far more in real estate than stocks.
Link to the album.
90后富二代的另类荒唐炫富
Labels:
China,
culture,
Socionomics
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