{"id":238393,"date":"2010-01-27T15:01:00","date_gmt":"2010-01-27T20:01:00","guid":{"rendered":"http:\/\/www.businessinsider.com\/chinese-songwriter-pens-tune-about-chinas-expanding-real-estate-bubble-2010-1"},"modified":"2010-01-27T15:01:00","modified_gmt":"2010-01-27T20:01:00","slug":"chinese-songwriter-pens-tune-about-chinas-expanding-real-estate-bubble","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/238393","title":{"rendered":"Chinese Songwriter Pens Tune About China&#8217;s Expanding Real Estate Bubble"},"content":{"rendered":"<p><a href=\"http:\/\/www.npr.org\/templates\/story\/story.php?storyId=122990689\"><img decoding=\"async\" class=\"float_right\" src=\"http:\/\/static.businessinsider.com\/image\/4b4ce9d400000000004cba4d\/shanghai-bubble-10.jpg\" border=\"0\" alt=\"Shanghai Bubble 10\" \/>National Public Radio<\/a> has a great piece on a man named Liu Shuqiu, a Chinese resident who&#8217;s written a song about the housing bubble that&#8217;s forming in <a href=\"http:\/\/www.businessinsider.com\/china\">China<\/a>.<\/p>\n<p style=\"padding-left: 30px;\"><a href=\"http:\/\/www.npr.org\/templates\/story\/story.php?storyId=122990689\">NPR<\/a>: Just over three years ago, songwriter Liu Shuqiu protested China&#8217;s high housing prices with a satirical song that urged &#8220;people who don&#8217;t want to be slaves to their mortgages&#8221; to rise up.<\/p>\n<p>The song used the tune of the Internationale, the anthem of international socialism, and the lyrics exhorted:<\/p>\n<p style=\"padding-left: 30px;\">&#8220;<em>We should fight for houses, shatter the developers to pieces. Don&#8217;t think we are obedient; the consequences will be serious if we get mad.<\/em>&#8220;<\/p>\n<p>One of Shuqiu&#8217;s main concerns is one <a href=\"http:\/\/www.businessinsider.com\/the-chinese-real-estate-bubble-is-the-most-obvious-bubble-ever-2010-1\">we&#8217;ve shared in the past<\/a> &#8211; that nearly everyone in China is levering up and buying property while the getting is good.<\/p>\n<p><strong>See here why Chinese real estate is the <a href=\"http:\/\/www.businessinsider.com\/the-chinese-real-estate-bubble-is-the-most-obvious-bubble-ever-2010-1\">most obvious bubble ever &gt;<\/a><\/strong><\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/chinese-songwriter-pens-tune-about-chinas-expanding-real-estate-bubble-2010-1#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><b>See Also:<\/b><\/p>\n<ul>\n<li><a href=\"http:\/\/www.businessinsider.com\/now-a-top-goldman-banker-in-china-now-warning-of-china-real-estate-bubble-2010-1\">Now A Top Goldman Banker In China Now Warning Of A China Real Estate Bubble<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/cbre-chinese-real-estate-seeing-slackening-rents-rising-vacancies-investment-driven-homebuying-2010-1\">CBRE On Chinese Real Estate: Slackening Rents, Rising Vacancies, Investment-Driven Homebuying<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/the-chinese-real-estate-bubble-is-the-most-obvious-bubble-ever-2010-1\">Why Shanghai Real Estate Is The Most Obvious Bubble Ever<\/a><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/yCrL06OBC_A\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>National Public Radio has a great piece on a man named Liu Shuqiu, a Chinese resident who&#8217;s written a song about the housing bubble that&#8217;s forming in China. NPR: Just over three years ago, songwriter Liu Shuqiu protested China&#8217;s high housing prices with a satirical song that urged &#8220;people who don&#8217;t want to be slaves [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-238393","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/238393","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=238393"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/238393\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=238393"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=238393"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=238393"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}