China Erects New Building for Its Official Newspaper. But why Is it a Wee-Wee?! (Warning: Graphic Pix)
Bust out your coconut bra or Mu'u Mu'u! I'll be speaking in sunny Honolulu for the Asian Real Estate Association of America's 2013 Global Summit alongside my friends below! Can't wait to see you all!
Somebody be trying to prove something...Honestly boys, just whip it out, measure and get it over with, o-KAY?!?! LOL!
From afar they look like cool wallpaper but up close it's anything but cool. It is tragical & ironic that in one of the wealthiest cities in the world, 47.7% of Hong Kong city residents must live in public apartments (government subsidized housing) because they are unable to purchase private housing. What is worse is that only 6.8% of Hong Kong land is devoted to housing use for 7.07M denizens! The rest of Hong Kong can be developed but the powers that be have prevented that. There is some major socio-economic political shadiness going on. ChinaSmack explains.
MSNBC highlights the top 10 cities with fastest growing global real estate markets. Asia dominates 1/2 the list with Singapore, Malaysia, Taiwan, Hong Kong & China. I ain't trying to hate on the motherland, but something is suspect. Hong Kong & China are #2 and #1 with 93% and 111% growth, respectively. But Israel is #3 at 53%?! The difference is just too wide. I hate to burst their bubble, but a bubble is brewing in China/HK!