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Cultural industries will be the next engine for growth after real estate, and Wanda will make cultural industries our long-term focus.

Chicago seems to follow New York, and coming from New York and being in real estate, I worry about things happening in Chicago that have happened in New York. I've seen a great city like New York go downhill. It has a wonderful financial downtown, but the rest of the city is not very nice.

I believe that the Chinese people as a whole love to make investments in real estate.

If Wanda can control more than 20 per cent of the world's three most important film markets - the United States, Europe and China - then it will have an empire with great voice in the industry.

Wanda and Reliance are two of the largest private conglomerates in their respective countries. By joining our strengths together, we hope our cooperation will bring mutual benefits and great results.

Acquiring Sunseeker deepens Wanda's international influence and represents an important step forward for the development of the business.

People should buy a house to live in, not as an investment. Property has become such a national obsession - it was the primary subject at dinner parties and how many television shows were dedicated to the market. It's not good for the economy.

If everyone invested in the neighborhood they lived in, the United States would be a magical place.

Many novice real estate investors soon quit the profession and invest in a well-diversified portfolio of bonds. That's because, when you invest in real estate, you often see a side of humanity that stocks, bonds, mutual funds, and saving money shelter you from.

I know about investment. It's really obvious - you buy property, let it sit for a couple of years and then sell it and reinvest.