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Thread: Can property tax ease the high housing prices?
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[quote=CARLOS,419269]Dodger, don´t be sorry. As you know I am not a fluent english speaker nor writer so sometimes it may be difficult for people who have english as a mother language to understand my writings. "lecture" was ment to be humorous so "sorry" is my line. Bob, thank you for that. It took a long time for me to read but I did it ;=) Understood? I am not sure... Looks like there are nothing but threads in the chinese economy but is it really so? The US don´t like China keeping yuen low so perhaps US will devalue dollar. That would cause changes in the import-export between US-China. The more important change might be that Euro could be in pressure to be devalued too to keep Europe in the trade. As we know, China has taken part for saving EU and given massive loans to countries in trouble. Devaluing Euro would cause significant rising for the debts. Only positive to China. Could it be so that in the end China will win anyway? I still feel that China is in some kind of dead end because of home economy. China can not revalue yuen remarkably because that would cause unemployment. Controlled or not, housing prices are high and getting higher, inflation is high and seems like it is getting higher. Wages are not high and not getting higher. Explosion is easy to predict, what kind of explosion and when are the issues... Carlos [/quote]
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