When is China’s Bubble bursting? China’s Ghost Mall and City [Video]

After watching this clip, make me feel that Singapore might be going through some of the very familiar stuff, but our government really did handle stuff much better. Although things are getting more expensive, flats are costing more and more, but government tried to help but offering affordable loans, and long payment period.

For China, a flat cost almost as much as Singapore(I mean city area like Beijing), but their flats have to be fully paid in 3 years. Compare to Singapore 30 years loan period, it is really heaven and earth. What’s your thoughts?

So, what do you think ?