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Always one to jump on a bandwagon is one is passing I must report the "Beijing Normal University Professor" quote again.The Diplomat gives a good summary. This is an interesting blog actually.
I have been talking about the real estate bubble for a while. Who are the bubble-deniers?
We must begin to work out what the fallout from a bubble bursting will be. It could get very ugly very quickly. The key is to understand who the large property speculators are over and above the man in the street (trying to find a wife - see previous story).
