yes, agreed

like the townhouse I sold in the early of 2008 is in the market now,

I sold it at $37.5K, now asking $280K and I checked the picture,

it has a lot of upgrade now ( at least $50k), I feel lucky to cut

price aggressively at that time.

but my two apartments in shanghai have been more than doubled. assume they will drop 50%, I still make money.

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