China Real Estate Bubble

Jim Rogers : It was a bubble in urban coastal real estate. But China, for the past three years, has been trying to pop that bubble. And the bubble has popped. You could certainly go down further, but I wouldn’t say there’s a bubble there now. Prices are coming down, transactions are coming down and people are losing money. I don’t know how long China will stay tough. I would hope they’d stay tough much longer, because they’ve got to kill inflation too. But if anybody thinks there’s a bubble in China, they haven’t been doing their homework. The bubble popped. Prices have come down and are continuing to come down. - in HardAssetsInvestor interview April 19, 2012


 
Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.

Jim Rogers - in China you cannot buy one house with no job and no money down

Jim Rogers : "...to me there is no question in urban coastal real estate in China , but that's not China that's not the whole economy , it's much much broader than that , yes you gonna see Chinese real estate speculators going broke I assure you of that "..." In America you could buy five houses with no job no money down and the bankers took those mortgages and turned them into an even magic more debt in other words that's not happening in China , you can't buy two houses without a job , you can't buy one house with no job and no money down , it's an entirely different kind of situation " in BBC Hardtalk

Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.

Jim Rogers : there may be a bubble in Chinese urban real estate

Jim Rogers :...I guess I do not like things on those terms, but I will tell you what I am doing. I am selling short United States government bonds, the long bonds. Everybody seems to be optimistic. Even I felt unsure when Mr. Bernanke said he was going to buy them. I thought I was being foolish, but I am making a little bit of money right now. But as I look around the world, that is one of the few bubbles or potential bubbles that I see. Well, one should go the other way where there is a market, there may be a bubble in Chinese urban real estate. It is not really many ways for me to play that but the only bubble that I see in public markets is the long-term government bond market in the United States. ..."
via ET Now

Real Estate bubble in China is about to Burst ?

China moves to cool housing market

China's real estate boom has further deepened the divide between the haves and the have-nots as the country's middle class struggles with soaring property prices.

Wen Jiabao, China's premier, on Friday pledged measures to curb speculation in the country's housing market and rein in soaring prices, but with real estate accounting for 10 per cent of GDP, making any changes would not be welcomed by investors.

The dilemma for Chinese leaders is finding a balance between their need for prices to stabilize, while avoiding a property price crash.

Al Jazeera's Melissa Chan reports from Beijing. (6 March 2010)

Rogers China is not in a bubble but real estate in Shanghai and Hong Kong is in a bubble

Jim Rogers, author of A Bull in China Investing Profitably in the World s Greatest Market is certainly the most notorious Bull on China's economy amongst the economic commentators , although he dismisses that China's economy as a whole might be in a bubble as other commentators like Jim Chanos was warning lately , but Jim rogers admits that the real estate in Shanghai and Hong Kong is in a bubble : “Certainly, Shanghai real estate or Hong Kong real estate should decline,” Jim Rogers told Bloomberg Television “My goodness, if anything’s in a bubble in the world, that and U.S. government bonds are certainly very overpriced.”
Jim Rogers, who took a “senior consultant” position with China’s Dalian Commodity Exchange in October, has always been a bull on the China's economy as a whole . Jim Rogers moved with his family to Singapore in 2007 to be close to the growing Asian opportunities and to allow his daughters to learn Mandarin the language of the future as Jim Rogers explained in many occasions , "The 19th century was the century of Great Britain , the 20th century was the century of America and the 21st century will be the century of china " Jim Rogers likes to repeat all the time...Jim Rogers is also the chairman of Singapore-based Rogers Holdings

Jim Rogers president of Rogers Holdings is George Soros former partner and co-founder of the Quantum Fund, and a truly legendary international investor who helped generate a 4,200% total return over a 10-year period .Jim Rogers is always bullish on Asia Commodities Agricultural Products gold and silver

Jim Rogers warns that Shanghai, Hong Kong Property in Bubble

The Story of the The largest mall in the world. China's Commercial Real Estate in a Bubble ?!

In an interview in Bloomberg’s Singapore bureau on 19 January 2010 Investor Jim Rogers. ,though ultra bullish on China , he warned that real estate prices in Hong Kong and Shanghai are in bubble territory and 'should decline'. Efforts to restrain lending underscore the government's attempt to take 'some of the heat out of the economy', he said . The rest of the Chinese economy, however, is 'hardly in a bubble', he added.
four years after its construction, The largest mall in the world sits virtually empty of both shops and shoppers. But the Chinese have imported yet another concept familiar to Americans — South China Mall is considered too big to fail. So, employees line up for flag-raising ceremonies and pep talks about “brand building” before going off to maintain the deserted concourses meticulously