Town Square

Post a New Topic

Surge in housing stock

Original post made by Jake, Charleston Meadows, on Mar 27, 2014

The Chinese are no longer buying. They are selling. Hong Kong housing market is collapsing. The Chinese Credit crunch is unfolding. Chinese are repatriating capital. Here we go. Get out while you can.

Comments (4)

 +   Like this comment
Posted by HUTCH 7.62
a resident of Old Palo Alto
on Mar 27, 2014 at 9:06 am

Link please.


 +   Like this comment
Posted by wondering
a resident of Another Palo Alto neighborhood
on Mar 27, 2014 at 9:09 am

I thought all these buyers were from Shanghai.


 +   Like this comment
Posted by Love it
a resident of Adobe-Meadows
on Mar 27, 2014 at 9:38 am

I thought falling house prices here would make things more affordable for more people--which is a good thing, right?

However, recent sales prices don't seem to indicate much weakness our local real estate market despite the hysterical sentiments expressed in the original post.


 +   Like this comment
Posted by Chris Zaharias
a resident of Crescent Park
on Mar 27, 2014 at 11:54 am

Chris Zaharias is a registered user.

ZeroHedge article from yesterday on China's impending credit crunch: Web Link


Don't miss out on the discussion!
Sign up to be notified of new comments on this topic.

Email:


To post your comment, please click here to Log in

Remember me?
Forgot Password?
or register. This topic is only for those who have signed up to participate by providing their email address and establishing a screen name.

WUE makes out-of-state tuition more affordable
By John Raftrey and Lori McCormick | 2 comments | 2,542 views

Local picks on 2015 Michelin Bib Gourmand list
By Elena Kadvany | 1 comment | 2,205 views

Ode to Brussels Sprout
By Laura Stec | 13 comments | 2,130 views

Go Giants! Next Stop: World Series!
By Chandrama Anderson | 1 comment | 1,654 views

In Defense of "Incivility"
By Douglas Moran | 16 comments | 1,582 views