Incredible prices being paid for housing in Beijing China ....just keep in mind that on November 9th, 2008 China did their own form of QE just like bernanke did here with his worthless money policies to jump start an already worthless economy after the bubble burst just to go on and create yet another asset bubble. 4,000,000,000,000 yes that's 4 trillion... China pumped 4 trillion yuan into their economy back in the end of 2008 to jump start their economy...and this is what you get years later ...over priced housing ...just like here in the US...when the economy looks down and out just pump it with worthless stimulus and watch the asset bubbles blossom....no such thing as organic growth anymore...all make believe growth... http://www.cnbc.com/2016/03/13/chin...n-tier-1-cities-stagnates-in-lower-tiers.html
You've been crying for a crash since the 2009 bottom. Eventually we will have another bear market, but by then people will have made fortune's. Stop reading Zerohedge. It's bad for your bank account.