How Dubai’s property bubble burst – and is China next?
Wednesday, September 22, 2010
| Posted by: Fiona Cullinan
Categories:
China
| Tags: finance,
investment,
property,
China,
economic,
market,
Brazil,
Dubai,
crash,
bubble,
boom
High property prices, property tightening policies and the start of declining prices indicate a teetering property market in China, one that the Chinese government is trying to let the steam out of gently. Here Nick Huber tells the story of how the Dubai property bubble burst in 2009, as a hedge fund manager warns that China could be 1,000 times worse.
