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China Real Estate Bubble About To Burst?

Discussion in 'Real Estate' started by Chris C, 6th Jul, 2010.

  1. Chris C

    Chris C Well-Known Member

    Joined:
    2nd Apr, 2008
    Posts:
    1,327
    Location:
    Brisbane, QLD
    How much will this hurt the Australian property market if substantial falls are seen?

     
  2. lorrimer

    lorrimer Well-Known Member

    Joined:
    4th Jun, 2006
    Posts:
    193
    Location:
    Brisbane, Queensland
    People have been saying for some time that the level of growth in China is too fast and unsustainable thus increasing the risk that the bubble will burst.
    So the Chinese government wisely puts into action measures to slow growth in the economy and the housing market.
    What happens? Everyone starts to panic that China is slowing!!!
    Crazy is the only way to describe it. Even positives are being perceived as negatives ATM