You moron, it is the US grandfather that is doing whatever it can, like printing money and borrowing money, to prop up its crumbling economy.
The real estate here in Vancouver is even more expensive than in Hong Kong. The government here does nothing to help the ordinary people. You need to pay high taxes and now the HST.
peter236 發表於 2010-4-13 11:09
LOL~
The US gov does as much to print the greenbacks as the PRC does to prevent the rise of the RMB. Both countries are doing this to prop up their economy, so what's the difference? And if there is no difference, then what's your point?
Have you even checked what the current real estate prices are these days? The average price paid for a home in BC is Cdn$517k, but it is safe to say that at that price, the provincial average size of that home is probably 2000+ sq-ft. Even in Metro Vancouver, $517k can probably get you something in the 1300 to 1500 sq-ft range. How big a place can HKD$4M (that's Cdn$517) buy in Hong Kong? 800 sq-ft?
The government does nothing to help ordinary people? When I was checking yesterday, the provincial government just announced a major infusion of cash into the hospitals to reduce wait times. And what have your PRC government done? Arrest activists that fight for poisonous baby formula cases?
The US gov does as much to print the greenbacks as the PRC does to prevent the rise of the RM ...
Lik 發表於 2010-4-13 12:08
You moron, the difference is that the US is bankrupt with $trillions of debt. The US is the borrower and China is the lender.
HK is a crowded place, and you know that. The per sq feet price for a home is normally higher in HK. But the per unit price here in Vancouver is sky high and the government is doing nothing here. In HK they have low taxes and public housing.
Here the government can only borrow money for health care. When are they going to reduce the deficit and pay off the debt? It is people like you who have to pay for the big debt at all levels of government.
What is the PRC government doing? It looks like another year of solid economic growth and rapid rising of living standards for them and millions more people are being lifted out of poverty.