China’s Real Estate Market Crash Is Picking Up Steam

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If you read Instapundit you would’ve read this today:

WE’RE NOT TALKING CHAMPAGNE BUBBLES HERE: Chinese Real Estate Bubble Pops: Beijing Real Estate Prices Plunge 27% In One Month. (Via Bill Quick).

However, if you are a regular reader of motorcitytimes.com, you would’ve read about this nearly one year ago. Via motorcitytimes.com (May 4th, 2010 to be precise): China’s Economy May ‘Crash’ in Next 9 to 12 Months

Just wanted to point this out…

Comments
  • 5etester April 14, 2011 at 9:01 pm

    You mean there are really people out there that don’t read MCT? Pinko Commies!

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    • steve April 14, 2011 at 9:07 pm

      There are more than a few people who don’t read MCT… But I really appreciate the ones who do.

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  • fleeceme April 14, 2011 at 9:17 pm

    I don’t really read MCT, I just like the pretty pictures. =)

    Oh, and good call on China (uhhh, I am guessing, cause I didn’t read it). You da man!

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    • steve April 14, 2011 at 9:23 pm

      Thanks and I’ll post more pictures!

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