Understanding China, One Blog at a Time

An American in China

China’s Impending Crash- Housing Bubble

Posted by w_thames_the_d on April 15, 2011

Here is a blurb about China’s housing bubble. We all know about Americas little bubble and also the one Japan had that lead to dire consequences. Well, it looks like its China’s turn.

from here
China’s unrelenting real estate boom has driven housing prices up by 140 percent nationwide since 2007, and by as much as 800 percent in Beijing over the past eight years. The soaring prices have even affected relationships

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