Either you have a big adjustment like a 20 percent or 30 percent decline, or you have a big recession or you have a slow decline in property prices or several years of no growth.
More Quotes from Andy Xie:
They'll remain empty for years.Andy Xie
If growth in the U.S. slows significantly, all of Asia's exporters will feel it.
Andy Xie
There will be more coming. There will be measures on land supply, since that's very vital to this tightening.
Andy Xie
When two countries agree to work together, there's no need to pin down details at the highest level. It's different between China and the United States... because it's difficult for these two countries to work together.
Andy Xie
These countries are still pro-growth. But without investment to increase capacity and keep inflation down, you cannot keep growth going.
Andy Xie
Readers Who Like This Quotation Also Like:
Based on Topics: Property QuotesThe secret of the truly successful, I believe, is that they learned very early in life how not to be busy. They saw through that adage, repeated to me so often in childhood, that anything worth doing is worth doing well.
Barbara Ehrenreich
Stem cell research holds enormous promise for easing human suffering, and federal support is critical to its success.
Tom Harkin
This is terrible, when a writer is bored by his own work, but it was a real bomb and had reached the point where I couldn't even stand to look at it any more.
David Eddings