Wall Street in China
China becomes more and more impotent to world economy, especially since the financial crises in 2008. People use 'further of the world' to describe China.
Across China, Construction fields are everywhere. The walls in the photos are surrounding these construction fields. They seem like a symbol of the booming economy in China.
The growth of real estate made the most impact to people's lives. In 1998, the policy changed, everyone can purchase their own apartment with loan. Now, real estate becomes the most popular topic among people. Everyone wants to have their own apartment, even the new graduates. In this market, Real Estate Company build more and more new apartment, and consume the overproduction at the main-time. The government sells more and more land to real estate Company, and gets large profit in the process. Everyone seems happy. But with the growth of real estate, and the deterioration of investment environment (which is caused by exchange rate raise, policy change, etc.), more and more business owner put their money into real estate. This made the real estate market grow even faster. And fewer products are produced. Therefore, it also make commodity price go higher as well. With a large loan on their back, people don't have money to spend on things. House slaves became the synonymous of this generation.
Wall Street is one of the most famous places in the world. And it is also a symbol for the economy of US. That is why I name the project after Wall Street, with different meanings.
