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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)

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

Link please.

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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.

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Posted by Love it
a resident of Adobe-Meadow
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.

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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

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