IPFS News Link • China
The Stunning Size Of China's Housing Bubble In One Chart
• zerohedge.com"How China Is About To Unleash A Monster Housing Bubble, In Six Easy Steps"
"China's Crowd-Sourced Housing Bubble Goes "Crazy" - $585,000 For A 65 Square Foot 'Apartment'"
"China's Housing Bubble Is Back: Locals Wait In Line For Days To Flip Houses",
But nothing does China's housing bubble justice quite like a simple chart showing what is going on right now with home prices in Shenzhen, which incidentally also puts the housing bubble in the context of China's recently burst stock market bubble. No comment necessary.
Average: