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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Perspective who wrote (204326)5/26/2009 6:46:12 PM
From: Pogeu MahoneRespond to of 306849
 
Bobcor
Apology accepted.
Not only is China not immune to the property bubble it is Las Vagas writ Large. The US is using China as Tinkerbell. Close your eyes and wish upon a star and the world economy will be saved.
You should see the empty CRE,ufb.


=======================

Sorry, I didn't see the connection until you made that post either. I actually started turning more positive on China because I didn't think they had nearly the property bubble found in the Western world. It appears that China was not immune to the property bubble either?

`BC



To: Perspective who wrote (204326)5/26/2009 6:46:47 PM
From: Pogeu MahoneRespond to of 306849
 
Bobcor
Apology accepted.
Not only is China not immune to the property bubble it is Las Vagas writ Large. The US is using China as Tinkerbell. Close your eyes and wish upon a star and the world economy will be saved.
You should see the empty CRE,ufb.


=======================

Sorry, I didn't see the connection until you made that post either. I actually started turning more positive on China because I didn't think they had nearly the property bubble found in the Western world. It appears that China was not immune to the property bubble either?

`BC



To: Perspective who wrote (204326)5/27/2009 3:46:24 AM
From: jmiller099Respond to of 306849
 
China had a property bubble raging in Shanghai and even starting in Beijing back when I lived there. Living in China period began immediately post-SARS travel restrictions in 2003. I can only imagine how it raged on since that time. I came back to California (where your mom stays) and saw another property bubble I had to contend with directly. Instead I spent the down payment on Au @ 400-430 and Pt @ 800s.