Category: Patronage

I’m shocked, shocked

29 July, 2010 (10:41) | Affordability, China, Finance, Housing, Patronage, Rental, Speculation, Urbanization |

By: David A. Smith   For as the sun breed maggots in a dead dog, rapid real estate development breeds municipal corruption – and when the profitability is great, so too can be the corruption, including the massive patronage potential inherent in affordable housing – as revealed in a Financial Times article, Property boom stokes [...]