Socialist China bans overseas property investment

https://www.bloomberg.com/news/features/2017-06-22/the-100-billion-city-next-to-singapore-has-a-big-china-problem

I’m picturing crabs in a bucket.

Like a crazy ex, you’re not allowed to leave. Maybe they should fix the culture at home if they dislike it so much.

I’m certain the luxe apartment bubble should be a secondary Skyscraper Index, based on height alone.¬†Elevators rely on the electricity grid. In a grid-down, they’d be stranded.

Meanwhile, London

https://www.standard.co.uk/news/london/golden-age-of-booming-london-house-prices-is-over-warns-report-a3673361.html

Cheaper housing, how awful of those pesky Leave voters.

1. Be civil. 2. Be logical or fair. 3. Do not bore me.

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