Remember what happened to the US economy when `housing' prices got out of hand? Well, this is the story in China now:
Mike Zhang considered himself serious boyfriend material. He knew what to order at an Italian restaurant. He could mix a tasty margarita. And he always volunteered to carry his girlfriend's handbag.
Then came the deal breaker. Zhang, a 28-year-old language tutor and interpreter, couldn't afford an apartment in the capital's scorching property market.
Rather than waste any more time, his girlfriend of more than two years dumped him.....
A typical 1,000-square-foot, two-bedroom, one-bath apartment in the capital now costs about $274,000. That's 22 times the average annual income of a Beijing resident.
Unlike in the United States, where home buying traditionally takes place after marriage, owning a place in China has recently become a prerequisite for tying the knot.
And, what happens when that `bubble bursts'? The Barf will hit the fan for sure - the Stew is about to reach boiling. http://www.latimes.com/business/realestate/la-fi-china-bachelor-20100621,0,6167359.story
Read More Here:
Suburban Beijing: Housing and Consumption in Contemporary China
Want an in-depth - heavy - read about consciousness? Thought so. http://freewont.blogspot.com/2010/06/consciousness-is-not-illusion.html - Very Stewable.
Extreme UP-Close Sexy Tease Picture - http://i202.photobucket.com/albums/aa284/sonnyundead666/Picture405-1.jpg (look around Barf Stew For Many More)
In Atlanta, we see ads for the Florida beaches all the time - right until this week for sure. However, this is the current reality on one of those beaches "mommy get this off of me"
Many Barf Stew Readers Have Sold Books Easily To The Company Below:
Sell Books Online at Cash4Books.net
Now, please take the time to turn a friend of yours on to Barf Stew - thanks.