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visited Toronto recently - Crane on the Crane, chasing with a Crane...
I've never seen so many cranes, so much construction in one city in my lifetime.
Full Disclosure - I've never been to Shangai...
When will the Canadian bubble burst?
When this stops happening:
A Realtor told me that the Chinese were buying most of Vancouver.
All I can say is that it must suck to be young and living in Canada if you want to buy a house. You aren't paying for the weather, that's for sure.
China has enough millionares to buy entire US and Canada housing,hence bubble will never deflate in USA and Canada!
http://www.bloomberg.com/news/2012-07-19/congratulations-canada-on-your-ongoing-housing-bubble.html
#housing