Two decades ago, a scholar returned to China with a gift from his studies in America – the dream that an ordinary Chinese family can own a home.
It was the quintessential American dream. But, in the hands of Meng Xiaosu, who would go on to be known as China’s “Godfather of Real Estate,” it would quickly become the quintessential Chinese dream.
“A friend of mine in the United States told me about their dream – one home, one car,” Meng recalled in an…
Source : South China Morning Post
Read more…The American dream of home ownership quickly swept through China. But was it too much of a good thing?
