Real Estate Housing Bubble BurstsShanghai's housing market into double digit decline!
The LA Times ran a story on March 4th. on the bust of the Shanghai, China, real estate market.
In one of the world's hottest housing markets, the last three years saw a doubling of prices. Things are now so bad now that thousands of real estate offices have closed, many homeowners have loan amounts that are greater than their properties re
Real Estate Housing Market - Oh, It's Just Back To ‘Normal' … Yea, Right!'It's just back to normal', 'Just a seasonal slow-down', 'A normal minor adjustment', 'A great time to buy, with a much wider selection', 'A cooling market'', 'A soft landing', 'A slight tapering off' etc. Yes, these P.C. phrases are now replacing the 'We should have a strong market for the foreseeable future' industry line prevalent just a few short months ago.
The sad fact is people are still
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