A collection of articles and quick commentary on residential real estate. "It's different this time, really . . . " Ha ha ha. No, it's not. When China goes down, so does Australia and Canada.
Wednesday, October 13, 2010
Crack Shack or Manshun?
crackshackormansion.com asks the question one way. I'm more interested in the other reading. How much of Vancouver's bubble is drug money and how much is the Chinese and how much is low interest rates? If the Chinese market crashes and they have to cash out will they just panic sell to the drug lords laundering money and everything will go on as before? For a while, at least?
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