China's RE bubble will burst. You can replace the word China with BC and it resonates perfectly. Also our market seems to be linked to theirs now, so we should keep an eye on this:
http://www.charlierose.com/view/interview/10960
Looking Back: Seventeen Years, One Thesis, and a Market Finally Reconciling
With Gravity
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When this blog started, back in 2008, the idea was modest: collect
anecdotes. Stories from the trenches of a housing market that had, even
then, begun to d...
1 week ago
Thanks for the link.
ReplyDeleteIt sounded really scary if the chinese RE bubble does blow up.