South Korea is creating more of it, and the Chinese government is trying to get people to buy less. I’m talking about real estate. South Korea just completed a 21-mile-long seawall off the coast to Seoul to reclaim thousands of acres of marshy wetlands.
The Chinese government just passed new rules — larger down payment, higher mortgage rates, ban third-home purchases — all designed to make it harder to buy property. The newest twist was the temporary but total ban on any real estate companies going public in China. Those big changes mean danger as well as opportunity.
View the video to learn the worst Asian real estate stock to own AND the best real estate company that is ready to clean up because of those new rules.
Best wishes,
Tony
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{ 3 comments… read them below or add one }
why are we buying mid east ( oil )if we have so much in this country ?
Thank you Tony for your E mail…….
you need to at least draw the curtains behind you when you shoot these videos. the bright light behind you makes it hard to see you.