We first talked about the Twirlissimo Phenomenon here.
The China Post reports: China bid to tame economy starts real estate market bust.
Sweating in the bright afternoon sun, the men and women stand on the sides of the roads like homeless people clutching wrinkled cardboard signs. Waving the boards, the real estate agents call out to cars zooming by.
Surrounding the agents in this upscale neighborhood are vast swaths of empty apartments that just a few months ago were selling at record high prices.
Looks like Twirlissimo is being outsourced to China!
Tuesday, October 23, 2007
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