Inventory is still high in Beijing, buy new supply is falling. There were 20,238 new homes in the first 5 months of 2015, half last year's level. Through May 18, sales reached 23,674, up 31.6% from last year.
iFeng: 北京商品房供应创新低 供需失衡房价还要涨
Five & Dime
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FEEDI’m still keeping things light and mellow. I have just five short
positions, by way of September in-the-money put options. These positions
are as follows:
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