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10-07-2014, 10:51 PM
I am writing this from China now. Just visited today a small county not even considered a tier 3 city. I asked about the occupancy rate in the condo facility that I was in and it was only 50%.. The average monthly salary is about RMB 1000 per month while the housing prices are about RMB 3000 psm. Facts are facts and sometimes I simply do not know how to believe these analysts...