Tuesday, August 10, 2010

China Real Estate The Mother of All Bubbles (Chart)

The Mother of All Bubbles

Take a gander at home prices in China. Since the 2008 financial crisis, the Chinese housing market has skyrocketed 60%. There are now 65 million vacant housing units. The question is no longer whether there is a Chinese housing bubble, but when will it pop. There is one thing that bubbles ALWAYS do. An that is POP!!!

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Original content Bob DeMarco, All American Investor