My recommendation for several years has been buy stocks, not houses, if you're a long-term investor in China who already owns a home. Now this type of comparison is making it onto the pages of the real estate section on sites such as iFeng. Developers looking to sell speculative properties may have a tougher time in 2015 if Chinese speculators move on to equities.
A股大涨扰乱买房族心绪 专家解读:该买股还是买房
Personal Spending Jumps More than Income in March
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Disposable (after tax) income rose 0.5 percent in March. Real (inflation
adjusted) income rose 0.2 percent. The rise in spending outpaced the rise
in income.
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