Tag Archives: Real Estate Bubble

QOTD: Tokyo’s Real Estate Bubble of the 1980’s

Nice follow-up quote from our last post on federal land holdings and assets.  U.S. government praying for a land bubble?  Just yanking your Markov chain. At the peak of the real estate bubble in the late 1980s, the 1.32 square … Continue reading

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China’s real estate bubble – 60 Minutes

“…A typical apartment in Shanghai cost about 45x the average resident’s annual salary.”  – Leslie Stahl In case you missed 60 Minutes tonight here is a very interesting piece on what drives and what plagues China.   This is a must … Continue reading

Posted in China | Tagged , , | 6 Comments

Picture of the Day: Spain’s Real Estate Bust

Apartment blocks in Sesena in the Toledo Provence near Madrid, Spain, seen on February 9, 2012. Only a 45-minute drive from downtown Madrid, towering vacant apartment blocks loom over empty streets and weed-filled lots. Apartments galore are for sale and … Continue reading

Posted in Black Swan Watch, Housing, PIIGS, Sovereign Debt, Sovereign Risk | Tagged , , | 1 Comment

China’s Depressed Animal Spirits

Here’s a report from Al Jazeera’s Rob McBride in Hong Kong.   We’re trying to diversify our China media sources in response to suggestions from our readers in Asia.   The caption to the video reads, China’s strong consumer base has kept … Continue reading

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