tag:blogger.com,1999:blog-5043138489010794057.post3338272731233369035..comments2024-03-27T15:57:09.192+05:30Comments on Urbanomics: Household leverage and housing bubble - a universal phenomenon?Urbanomicshttp://www.blogger.com/profile/16956198290294771298noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-5043138489010794057.post-76945051221444648282010-01-19T06:17:53.254+05:302010-01-19T06:17:53.254+05:30Hi. I agree that housing bubbles appeared worldwid...Hi. I agree that housing bubbles appeared worldwide, not only in the US. However, I must say I am a bit horryfied by the economical development in China and the way the US and Chinese economies are connected. In my opinion, China is creating another enormous housing bubble which will, sooner or later, burst. The problem is that this will influence the American and, consequently, worldwide economy, too.<br />Take care,<br />Jayreal estate in Vancouverhttp://jaybanks.ca/vancouver-real-estate/noreply@blogger.com