China Real-Estate Bubble Concern Fails to Deter Global Investors
Asian investors are more likely to say China is in a real estate bubble. Seventy-four  percent of respondents in Asia hold that view, compared with 64 percent in the U.S. and 63 percent in Europe.
Rising real estate values in China reflect the abundance of “cheap money,” said poll respondent Gordon Murray, senior credit analyst at Belle Haven Investments Inc., in White Plains, New York. “Anytime there’s a lot of idle money and a desire for yield, you can have a boom.”