A good Chinese article, Tks for sharing.
But we sure got people like the one mention inside, sell away property & live at rental unit, hopefully market will crash since 2009,2010,2011,2012, and now .... 2013 ... Feel sad for their family only.
What will this group of people do? Scold govt never provide "affordable " unit, wish property will crash 30%.
Ok lah, let their wish come true 2018 since it alway 10yrs cycle (1998 Asia crises, 2008 global crises) but they still not going to benefit, as they will scare to buy!
A 1249sqft unit only cost $550psf in 2009,
now $1000sqft, if everything go well,
it may reach $1500psf by 2017,
so even 30~50% crash, it still profitable for those who secure early, and maybe by then can buy 2 more units at CCR
by using the rental collected past few years