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China Real-Estate Bubble Concern Fails to Deter Investors

By Implode-Explode Heavy Industries

"Two-thirds of the people surveyed in the latest Bloomberg Global Poll say a bubble is inflating property values in China, where the economy grew at a 9.6 percent annual rate in the third quarter. Still, when asked to identify one or two markets offering the best opportunities in the next year, 33 percent of investors cite China, more than any other country. Brazil ranks second at 31 percent, followed by India with 29 percent and the U.S. at 23 percent."

Full post as published by Mortgage Lender Implode-o-Meter on November 13, 2010 (boomark / email).