China’s Growth Helped By Property Bubble Recent stream of positive economic data from China indicates the nation’s growth has stabilized (see discussion). There has been some debate around the reasons behind this sudden improvement. One of those reasons is the government’s recent push into new infrastructure projects as well as additional funding for existing projects. […]
UK house prices rise again fuelling fears of a ‘bubble’
London – When the economic crisis hit in 2008 it had direct links to the housing market. The UK has experienced inflated house prices in the past and the “bubble” subsequently bursting. Could the introduction of a Government scheme to help buy homes be bad news?
Miley Cyrus songwriter sells his Toronto home for a more affordable home in L.A. ?
Stephan Moccio the Canadian composer, arranger and performer who co-wrote the scandalous mega-hit song Wrecking Ball for the Miley Cyrus single that is currently rocketing up the Billboard Hot 100 with the help of nudity and a controversial video. The titillation of his recent collaboration with Ms. Cyrus notwithstanding, Mr. Moccio says he’s a pretty laid-back family man who […]
UK housing bubble bracing for catastrophic bust
New housing bubble? But prices are on the slide as fewer properties go on the market than in previous months Estate agents have slashed house prices in recent weeks says survey average asking price down by 1.5 per cent to £245,495 Lowest number of houses coming on to market reported since February Rightmove triples its […]
The Problem Is Chinese Believe Price of Properties Will Go Up Forever
Why so ? Some call this phenomenon “Realty Ignorance Is Blissful Reality ” … Call it a blind faith, but that’s the reality. Think about this – Chinese in Communist China has never ever experience any real property slump before, not even once after China first allowed private home ownership in 1998. Folks there totally […]
Sothebys hinted there is a lot of illicit Chinese money in Canada ?
A while ago, we learned … Illicit Chinese Cash Stops Flowing Into Canada Real Estate Chinese buyers flood U.S. housing market (with illicit money ?) Foreign buyers will fuel luxury real estate demand in Canada: Sothebys Sales of luxury homes will likely gain momentum in the fall, fuelled by demand from international investors, according a […]