China has a huge national saving rate. This is where the demand *should* come from. Except for the same kind of stupid housing bubble we have seen here, which will either go down and devastate homeowners, or continue to go up and suffocate home buyers.
http://www.telegraph.co.uk/finance/markets/questor/11187002/Stock-markets-threatened-by-collapse-in-Chinese-consumer-demand.html
China has a huge national saving rate. This is where the demand *should* come from. Except for the same kind of stupid housing bubble we have seen here, which will either go down and devastate homeowners, or continue to go up and suffocate home buyers.
#housing