Now Shanghai market is standing above 2900, but compare to US maket and consider the risk, I still think Shanghai market should be under 1000, at least it should go under 1000 for sometime.
the real estate market is much much worse. If you say US housing bubble is big, China's bubble should be huuuuuuuuge. Compare to the family income, how many people could afford a reasonable apartment? Then you know how serious the bad loan is and the banking system. I really couldn't figure out what kind purchasing power is supporting this market.
年龄: 52
