Meanwhile in China.....

**SimonMac** · 9 July 2015, 10:13

Originally posted by DimPrawn View Post

Sounds like UK property bubble 2.0

To be fair the Chinese situation is, lots of people borrowed money to invest, and have now been left with negative equity.

Lesson learnt, don't gamble with other peoples money

**DimPrawn** · 9 July 2015, 10:19

Originally posted by SimonMac View Post

To be fair the Chinese situation is, lots of people borrowed money to invest, and have now been left with negative equity.

Lesson learnt, don't gamble with other peoples money

Same as putting down a 10% deposit on property and leveraging up.