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RE: Canadian Housing Bubble Will Burst
Haha indeed. China is propping up a lot of international markets. I think there's a bloomberg article about how China buyers are having difficulties paying for some Malaysian property because of curbs on taking money out. Placing a big strain on the developers.
I kinda see what you mean, but wouldn't that also be like blowing more air into a balloon that's already nearing its full volume?
I think it's like spreading some of the air around. The property markets in some of the less developed markets in Asia have some way to go. It prolongs the bubble imo.
Yeah I guess as long as the bubble has room to expand, it wouldn't burst.