As you may or may not know, much of Asia has been going through a real estate development and pricing boom the past few years. The global financial crisis was merely a speed bump to ever rising prices in places like Singapore, Hong Kong, parts of India, Australia and China.
But is it going to last?
And when it stops, will it level off, or will the bubble burst with scenarios we now know all to well.
Many feel real estate prices have gone too far to fast, with real estate development outpacing future demand.
An sound article over at Seeking Alpha tells more of the story
UPDATE: The New York Times goes into further detail about Singapore here.
And the Real Estate Channel has more on Hong Kong here.
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I want to ventures on real estate investment in my life