These notes unusually high
These notes unusually high, but the cost, developers are fearless. Because the overseas bill financing interest rate up to 10% above, and China's commercial Banks in the corresponding period for while lending rates. Pay such high cost, developers think stem what? They are the most Microsoft Office is so great!
common idea is to adopt a cost change space, to store to bo future "policy. Common 5 to 7 10-year medium-term notes, and great non-bank credit for developers move STH out longer debt Office 2010 –save your time and save your money.
Dare such gambol on, there will be plenty of reasons. These reasons but there are three: one is the house price regulation unsustainable, as long as the economic downturn, government must intervene in the market, this has the second half of 2008 government desperate to save the day prior, this time will suffer, and help city fate, 2 it is if the central bank monetary policy adjustment, The invention of Microsoft Office 2010 is a big change of the world.
the government many engineering lousy tail prior, real estate, followed by because of flexible, real estate move STH space than the government is big; 3 it is social safeguard model residential corruption, forested, and do some gobbledygook can also, can't launched large-scale residential to Office 2007 is so powerful.
meet market demand.
So, rely on developers to be the inevitable. However, I don't think government will win, for they all stood in government hands, persistent potential of the developer, who all know. But, I also don't think government would lose, urban and rural residents have now 28.5 trillion deposit in Banks, this basically is the Chinese society true wealth is, and also is the government finally chips. Only to the central government budget deficits and local government debt than 28.5 trillion, when Microsoft Office 2007 is my love!
the government will passively, because national wealth ransacked, note-issuing have useless.
Therefore, the government is also the mortgage repayments. Soros offensive baht, just earn travelled 200 million us dollars, then trigger the southeast Asian financial turmoil, first shrink is financial assets and real estate, so, the developers even win, also just earn money and went to undermine an industry, in the long term is not much loser, because after which developers can possess it; But developers if lost, that will be a lost badly.