It’s not just perma-skeptics like Jim Chanos warning about a massive real estate bubble in China.
The latest is Fred Hu, the Goldman Sachs Inc. Chinese Chairman
ChinaPost reports (via Alphaville) that Hu told a conference in Taipei that Singapore, Hong Kong, and Mainland China all need to be on the lookout.
Bear in mind this isn’t just talk from the bank. Earlier this month it emerged that Goldman has been dumping real estate holdings in Shanghai.
Bonus: Chinese real estate is the most obvious bubble ever — >
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See Also:
- Why Shanghai Real Estate Is The Most Obvious Bubble Ever
- Official Communist Party Newspaper Congratulates Jim Rogers For "Debunking" The China Bubble
- Look Out: Goldman Sachs Is Now Dumping Shanghai Property