Let he who is not caught up in a global liquidity bubble… China property edition

Today in bubble defence:

“China property’s bubble fear….aren’t we all living in an even bigger global liquidity bubble?”

Continue reading: Let he who is not caught up in a global liquidity bubble… China property edition

Today in bubble defence:

"China property’s bubble fear….aren’t we all living in an even bigger global liquidity bubble?"

Continue reading: Let he who is not caught up in a global liquidity bubble… China property edition

Chinese property goes up, Chinese property goes down

Everyone understood their opportunity: real estate. In China, it is always real estate.

From Red Capitalism, pg38, before launching into a description of the Great Hainan Real Estate Bust of 1988 to 1993.

…the stormy situation in national large midsize cities’ housing prices has created a new real estate market craze

From a People’s Daily editorial on Tuesday.

It’s the “biggest bubble in history”

From China’s richest man Wang Jianlin, Sept 28th, on the current state of the real estate market and before… well that bit hasn’t happened yet so we are fine sticking with maybe nothing, but maybe something pretty bad at some point in future.

Continue reading: Chinese property goes up, Chinese property goes down

Everyone understood their opportunity: real estate. In China, it is always real estate.

From Red Capitalism, pg38, before launching into a description of the Great Hainan Real Estate Bust of 1988 to 1993.

…the stormy situation in national large midsize cities’ housing prices has created a new real estate market craze

From a People’s Daily editorial on Tuesday.

It’s the “biggest bubble in history”

From China’s richest man Wang Jianlin, Sept 28th, on the current state of the real estate market and before… well that bit hasn’t happened yet so we are fine sticking with maybe nothing, but maybe something pretty bad at some point in future.

Continue reading: Chinese property goes up, Chinese property goes down

Your comprehensive guide to the all new ‘Upstairs Downstairs’ London property market

Three months down the line, enough time has passed to properly assess the impact of Brexit on the London property market.

Continue reading: Your comprehensive guide to the all new ‘Upstairs Downstairs’ London property market

Three months down the line, enough time has passed to properly assess the impact of Brexit on the London property market.

Continue reading: Your comprehensive guide to the all new ‘Upstairs Downstairs’ London property market

What’s a chengyu for ‘forever blowing bubbles’?

It has been called China’s Great Ball of Money, the vector through which bubbles come and pass.

Of course any particular bubble is not the beginning. There is no beginning in a China which is more and more interconnected, meaning its risks and excesses flow as easily as that giant ball of money.

But just as property turns to stocks turns to bonds turns to property once more… this bubble is a beginning*. From SocGen’s Wei Yao, with our emphasis:

… asset price appreciation seems to be worryingly unstoppable. Especially, housing market indicators continued to show a brisk momentum in sales and prices, but a muted construction recovery. Even the officials at the central bank admitted that there is a bubble.

Continue reading: What’s a chengyu for ‘forever blowing bubbles’?

It has been called China’s Great Ball of Money, the vector through which bubbles come and pass.

Of course any particular bubble is not the beginning. There is no beginning in a China which is more and more interconnected, meaning its risks and excesses flow as easily as that giant ball of money.

But just as property turns to stocks turns to bonds turns to property once more… this bubble is a beginning*. From SocGen’s Wei Yao, with our emphasis:

… asset price appreciation seems to be worryingly unstoppable. Especially, housing market indicators continued to show a brisk momentum in sales and prices, but a muted construction recovery. Even the officials at the central bank admitted that there is a bubble.

Continue reading: What’s a chengyu for ‘forever blowing bubbles’?

The weird world of property crowdfunding

In this little corner of the fintech world, it seems, people have been flipping fractional stakes in residential real estate to each other, hoping they’re not the last, greater fool who buys at the top.
Continue reading: The weird world of property cr…

In this little corner of the fintech world, it seems, people have been flipping fractional stakes in residential real estate to each other, hoping they're not the last, greater fool who buys at the top.

Continue reading: The weird world of property crowdfunding