A Trend or Just Trendy?

While the navies of France and China play nicey nice in the Straits of Formosa, flexing their military muscle at the individuals of Taiwan, similar to strutting lifters at Venice Beach, the newly rich Chinese Commies are shopping for the best available housing options, 80% loan to value mortgages, and designer chic.

"With banks ready to offer 80 per cent low-interest credit, the rich are abandoning their proletarian apartments in communal blocks for residential developments with names such as Palm Springs, Fifth Avenue, Aristocrat Towers, Chateau Regency or Merlin Champagne."

From an article in the Independent titled “China’s designer revolution is based on thoughts of mortgages, not Mao."

Via Drudge.

Posted by on 03/17 at 04:07 AM

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