China’s Sliver of a Housing Bubble

To accurately assess housing affordability it is necessary to have complete data. Housing affordability cannot be assessed in London using data from Belgravia, nor will Upper East Side data tell an accurate story about New York. The same is true in China. Stephen Roach said that China has a "sliver of a bubble." That’s what the data seems to show.

More at…
http://www.newgeography.com/content/001733-chinas-sliver-a-housing-bubble

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