In response to 10 Signs of Speculative Mania in China “Panda” a Chinese, commented on the real estate bubble in China. Panda Writes: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. The common belief is that Government will not let housing …

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Email from a Chinese on China’s Real Estate Bubble