Recent content by richardyu301

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    The Awesome Life Of Paul Tudor Jones

    http://www.businessinsider.com/paul-tudor-jones-profile-2011 There are easily 15 reasons why Paul Tudor Jones, aka "PTJ," is an awesome hedge fund manager, but here's the best one we've ever heard: He owns islands that spell out his initials (and nickname), PTJ. (It's currently on the market...
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    Gong Xi Fa Cai!!

    財源廣進
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    See how much faster your PC will boot up

    great software. Thank you.
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    Just how risky are China’s housing markets? « naked capitalism

    http://www.nakedcapitalism.com/2010/07/just-how-risky-are-china%E2%80%99s-housing-markets.html
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    18.9 million homes in America are vacant.

    I don't quite understand. The article mentions that the vacancy rate is 2.5%. So does it mean that there are 18.9 million * 40 = 750 million homes in US?? 750 million!?
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    65 million flats in China are vacant

    http://www.globalpropertyguide.com/Asia/Hong-Kong/Rental-Yields Below are the figures for Hong Kong where I live. USD10k/square meter for a decent apartment. USD20k/square meter for a luxury one. A lot of the apartments are bought by investors from mainland China. Hong Kong’s...
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    65 million flats in China are vacant

    http://www.globalpropertyguide.com/Asia/China/Rental-Yields Last Updated: Feb. 18, 2010 BEIJING- Apartments COST (US$) YIELD (p.a.) PRICE/SQ.M. (US$) TO BUY MONTHLY RENT TO BUY MONTHLY RENT 55 sq. m. 232,320 603 3.12% 4,224 10.97 85 sq. m. 365,585 887 2.91% 4,301 10.44 120 sq. m...
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    65 million flats in China are vacant

    Some figures for you all... these are not official statistics but what I learn from my own first-hand experience. These are the figures for cities like Shanghai, Beijing and Shenzhen. i) a fresh university graduate makes ~USD400 a month ii) average housing price is around USD3000-4000 per...
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    65 million flats in China are vacant

    I am in Chinese working in a western MNC. I am in charge of a line which has revenue of around 50 million USD a year. To be fair, corruption and cheating is common here. But we have many cases that our US distributors cheat on us too. What I mean is not just lying during negotiation but...
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    65 million flats in China are vacant

    I am the one who started this post. First, I just found this article. http://news.hexun.com.tw/2010-07-08/124182612.html It questions whether the reliability of the news as: i) the flats are found to be vacant by measuring the power meters. But there are only a few million power...
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    65 million flats in China are vacant

    http://paper.wenweipo.com/2010/07/07/CH1007070001.htm The article is in Chinese. Key point: 65 million flats in 660 cities are vacant. For a family of 3 to 4 members, this means they are enough to accommodate 200-240 million people. Another article in Chinese too (2006 article)...
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    Crises of Capitalism

    http://www.youtube.com/watch?v=qOP2V_np2c0&feature=player_embedded#! Fantastic video. Good for the kids to watch too.
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