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Stunning pictures of Chinese RE Bubble

Started by jason10006
over 14 years ago
Posts: 5257
Member since: Jan 2009
Discussion about
http://www.businessinsider.com/china-ghost-cities-2011-11?op=1
Response by lucillebluth
over 14 years ago
Posts: 2631
Member since: May 2010

holy crap! are these developments built around some kind of establishement that could possibly populate these homes? is it one of these?

http://www.nytimes.com/2010/11/09/world/europe/09baikal.html

or just houses/apartments where really none are needed?

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Response by Riversider
over 14 years ago
Posts: 13573
Member since: Apr 2009

Michael Pettis would love this.

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Response by columbiacounty
over 14 years ago
Posts: 12708
Member since: Jan 2009

beware--riversider is a known liar.

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Response by lucillebluth
over 14 years ago
Posts: 2631
Member since: May 2010

does this Michael Pettis know that his name seems to be more closely associated with the internet-based sale of erectile dysfunction medication than whatever it is he does pertaining to economics in general and asia in particular? someone should tell him.

http://www.google.com/#hl=en&sugexp=ernk_spiketing&cp=14&gs_id=2&xhr=t&q=Michael+Pettis&pf=p&sclient=psy-ab&site=&source=hp&pbx=1&oq=Michael+Pettis&aq=0&aqi=g4&aql=f&gs_sm=&gs_upl=&bav=on.2,or.r_gc.r_pw.,cf.osb&fp=42968ebfcff76b1d&biw=1920&bih=947

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