Pete Wargent blogspot

CEO AllenWargent Property Buyers, & WargentAdvisory (institutional). 6 x finance author.

'Huge fan of your work. Very impressive!' - Scott Pape, The Barefoot Investor, Australia's #1 bestseller.

'Must-read, must-follow, one of the finest analysts in Australia' - Stephen Koukoulas, ex-Senior Economics Adviser to Prime Minister Gillard.

'One of Australia's brightest financial minds, must-follow for accurate & in-depth analysis' - David Scutt, Business Insider.

'I've been investing 40 years yet still learn new concepts from Pete; one of the finest young commentators' - Michael Yardney, Amazon #1 bestseller.

'The most knowledgeable person on Aussie real estate - loads of good data & charts...most comprehensive analyst I follow in Oz' - Jonathan Tepper, Variant Perception, 2 x NYT bestseller.

Monday, 3 October 2016

"Frenzied home buyers in Hangzhou storm building, break door in seconds"

Something a bit different:

"A commercial property located near the main venue of the G20 Hangzhou Summit was put on sale in Hangzhou this weekend. 

This video shows fanatical home buyers flooded into the building and swept down the door. 

A person was pushed down by the crowd and pinned under the door. 

House prices in the area have increased by about 1,500 US dollars per square meter in a year."

Haven't seen scenes like this since...ohh, May 2015 in Sydney...