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Does China RE Bubble extend to US West Coast?


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2012 Mar 19, 3:15am   2,000 views  4 comments

by freak80   ➕follow (1)   💰tip   ignore  

It's pretty common knowledge that there's a huge RE bubble in China's coastal cities. Does that bubble extend to the west coast of North America? I've heard that "Asian" folks are buying up a lot of RE in the Bay Area and Vancouver, BC.

Thoughts?

#bubbles

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1   lostand confused   2012 Mar 19, 4:13am  

From many accounts, the bubble has burst or at least sytarted to deflate??

2   bubblesitter   2012 Mar 19, 4:53am  

I guess,they are dumping theirs for greener pastures. LOL.

http://www.bbc.co.uk/news/business-17425352

3   freak80   2012 Mar 19, 5:08am  

bubblesitter says

I guess dumping theirs for greener pastures. LOL.

It's "bubble surfing." Going from one bubble to the next.

4   bubblesitter   2012 Mar 19, 6:55am  

For those who believe in Chinese money crap coming to BA,read this. Jig is up.

http://www.bbc.co.uk/news/magazine-17390729
http://www.bbc.co.uk/news/world-asia-16009050

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