India - China: Relations And Developments-2

[shamu]

I would like to add one more data point to the above article. Recently we are seeing an increase in apartment rents in US. In bay area, apartment rents are increasing even though a lot of apartments are vacant. Property owners are adding more features to the apartments such as internal washer-dryer, new floorings, landscaping etc. to justify the rent hike. If I connect the dots, this takes away more disposable income from the residents and could be part of the strategy described in the article.