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主题:北京房价不可能下跌,上涨仍将持续 -- 光明女神

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家园 Agree. thumbs up.

I just pointed the solution based on america's experience.

If the best solution does not materialize for China, then it is China's curse. Property market crash and deflation is not funny at all.

Anyway, my properties are all outside China. Just feel so sorry for some of friends back in Shanghai: all millionaires on paper and live a sh*tty life due to the mortgage burden. The funny thing is that they still feel quite happy...

In terms of slow inflation--it is possible on a global stage because America will pursue this strategy soon. America has all kinds of debts at different levels: federal/state/corporate/individual... inflation will be America's weapon.

Since USD is the global reserve currency, America's inflation will spread to all other nations through trade, currency exchange and central banks. Just deja vu of 1970s.

If China could not stand a period of mild inflation and implode, then that's China's pity: now is a test of the comprehensive stamina. Europe beats America on the financial regulation front, but lost out on fiscal battle due to its miserable welfare policy. If China loses, it loses due to its failure in social justice and income disparity.

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