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Home Prices Drop in 69 of 70 Chinese Cities; Did the Pool of Greater Fools Run Out?
Townhall.com ^ | October 26, 2014 | Mike Shedlock

Posted on 10/26/2014 9:35:39 AM PDT by Kaslin

China eased purchase restrictions last month ending its four-year campaign to contain home prices. And what a ridiculous campaign it was. Prices are down less than 1% this month and less then 1% year-over-year.

(Excerpt) Read more at finance.townhall.com ...


TOPICS: Business/Economy; Culture/Society; Editorial
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1 posted on 10/26/2014 9:35:39 AM PDT by Kaslin
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To: Kaslin

2 posted on 10/26/2014 9:44:12 AM PDT by Jack Hydrazine (Pubbies = national collectivists; Dems = international collectivists; We need a second party!)
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To: Kaslin

The Chinese housing bubble is Mt. Krakatoa compared to ours.


3 posted on 10/26/2014 10:08:17 AM PDT by Dr. Ursus
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