Quote:
Originally Posted by Hehe
Just want to share.
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The link is in Chinese, but it's basically showing the reality of the danger of having high RE prices.
Shenzen is one the 3 red-hot spots in China for RE growth. It has gotten so bad, that even communication giant Huawei is feeling the pain.
Rumor has it that Huawei is planning to move its HQ and major R&D operation to Dongguan, where RE prices are much lower.
Huawei's president went as far as saying that high cost destroys the competitiveness of a company, and that SZ's high RE prices is hitting the bottom line of Huawei to stay competitive.
For letting GVR's RE to stay at record high is not the best interest for us younger residents. It would ultimately drive many investments and industries (hence work) out of the region because they are no longer viable. |
it benefits the few (usually the wealthier) at the cost to many.
the lack of action shows you who butters the politician's bread.
I would like to think people will voice their displeasure via their votes in the next provincial election and boot crusty and moonbeam out, but i doubt this will in fact happen.