The Importance of Real Estate in China

There's been this mood coming up China for a decade now, all their elite want to get their money out of the country. The Chinese don't trust the stock market by large they don't Trust the bond market by large so what has been the thing forever for the Chinese to do is to portal into real estate. There are lots of cases of Chinese family families that are much lower income than you're I am and I'm remarkably low income, they're they'll own three four condos and they're all mortgage to the hill of the market.