nakedempire


The American Empire in a Changing World



Pages

Sunday, October 2, 2011

"Comminist China’s Real Estate Market Running out of Steam"

from epoch times........

"Andy Xie, former Morgan Stanley “star” chief Asia-Pacific economist, has been warning about a real estate bubble in China since 2002 and predicted that China's real estate market will collapse in 2012.

All the conditions for a real estate collapse in China seem to be in place: there’s a glut of unsold homes, prices are ski-high, andmoney supply is tight"..............READ MORE

1 comment:

  1. This is because of high prices that lead to collapse the real estate market...
    Toronto Condos for Sale

    ReplyDelete