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When will the house price drop?
Aug 23, 2007 22:52
  • YVONNE
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An investor who has been investing in the real estate at least for ten years says that the house price will surely drop someday. He said that he had experienced this many times in past years. Yes, the economic rule tells us the price of each commodity will rise and drop. It is impossible that the price keeps rising and rising. Thus, the house price will drop one day. But when?

In order to curb the real estate speculation and the high house price, the government has tried many ways. However, all do not work well. The house price still keeps rising like a unreining horse. Some people predict that the house price will drop after the Beijing Olympic Games. Do you beileve it? I think that the house price will keep skyrocketing for a long time unless the bubble in the real estate breaks. Otherwise, to expect the falling of the house price is just a daydreaming.
Aug 24, 2007 00:42
#1  
  • ROGERINCA
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Yvonne, I agree with you !!! :)

Aug 24, 2007 05:00
#2  
  • ELLEN77
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Yes, I also think so.
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