Thursday, November 12, 2009

Outrages!

Thomson development project rolls out a new piece of "fat". The price
per sq meter for the top dog was RMB 160,000.00; that's short of CAD
25,000. A unit was sold for over RMB 100Million. OK, what's wrong
with that picture? This guy did a mortgage? Or cash? If mortgage,
the bank will be in deep sh!t. If cash, this guy will be in trouble -
tax? Or just one of those "committee" members? Ummm...

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