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Housing Starts in China Plunge 25%; Did China's Property Bubble Finally Burst?

MishTalk

And developers are pulling back, furloughing workers and delaying new projects. You can’t predict how the bursting of a Chinese real estate bubble plays out because it plays out in very small steps,” said Joel H. “You Rothstein, a partner in the Beijing office of the Paul Hastings law firm who specializes in Asian real estate.

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Chinese Malls Hit With Low Traffic, Rising Vacancies, Plunging Rent, Massive Overcapacity

MishTalk

Rising vacancy rates and plummeting rents are increasingly common in Chinese malls and department stores, despite official data showing a sharp rebound in retail sales that helped the world's second-largest economy beat expectations in the third quarter. Such development adds to GDP. Malaysia-based Parkson (3368.HK), 7% GDP Growth?

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Sam Zell Warns Recession Coming, Provides Opinions on 22 Topics Including Fed Tools, Equities, Real Estate, Energy, China, Brazil, Mexico, Climate Change

MishTalk

Zell discussed a wide variety of topics from the Federal Reserve rate hike, the risk of a near-term recession, real estate, energy, and various foreign investment ideas. And it's, you know, it's a little bit like real estate. I mean we made a fortune because we bought real estate at a discount to replacement cost.