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Loan Modification

: Mortgage Lender Implode-o-Meter

Email from a Chinese on China's Real Estate Bubble

By Implode-Explode Heavy Industries

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"I am from China and I am shocked by the real estate bubble in China. Housing in China now is more expensive than in the US, while salaries are way lower than in the US. Housing is out of reach for most wage earners, and more than 80% people in the past year bought houses as an investment."

Full post as published by Mortgage Lender Implode-o-Meter on April 03, 2010 (boomark / email).

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