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Jing,
Jul 11 11:20 am
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All Comments by David Zhang »Interactive Q&A: Jing Lu, Investor Relations Director of China Housing and Land Development, Inc. (CHLN.OB) [View article]
While visiting Beijing recently I witnessed two things that made me think the capital city is experiencing a real estate bubble --- (1) endless numbers of vacant buildings, and (2) discussions with friends about the unbelieveably high costs of buying homes/apartments.
Can you discuss the Xian real estate market? Is it any different from the larger cities like Beijing, Shanghai, Guangzhou? Are you concerned about a ripple effect if the market falls apart in BJ, SH, and GZ?
-David