The Guardian: low food prices is a bad thing
China is surely jealous of the high food prices we have here in the West...
China is surely jealous of the high food prices we have here in the West...
most Chinese families invest everything plus everything they can borrow, into a home. if property values fall, that will be perceived as a giant loss and could be a widespread freakout. so they try to keep home values growing like forevers. a bubble that is kept growing forever?