Chart usGOLD   Chart usSILVER  
 
Food for thought
On est vieux trop tot, et intelligent trop tard
Dicton allemand  
Search for :
LATEST NEWS  :
MINING STOCKS  :
Subscribe
Write Us
Add to Google
Search on Ebay :
PRECIOUS METALS (US $)
Gold 1246.09-2.46
Silver 17.36-0.14
Platinum 1261.80-12.95
Palladium 772.40-0.10
WORLD MARKETS
DOWJONES 16615209
NASDAQ 4419103
NIKKEI 15196391
ASX 537361
CAC 40 4080-1
DAX 890821
HUI 191-1
XAU 790
CURRENCIES (€)
AUS $ 1.4441
CAN $ 1.4263
US $ 1.2693
GBP (£) 0.7913
Sw Fr 1.2063
YEN 135.7430
CURRENCIES ($)
AUS $ 1.1382
CAN $ 1.1237
Euro 0.7879
GBP (£) 0.6236
Sw Fr 0.9503
YEN 106.9570
RATIOS & INDEXES
Gold / Silver71.78
Gold / Oil15.21
Dowjones / Gold13.33
COMMODITIES
Copper 3.04-0.02
WTI Oil 81.93-0.03
Nat. Gas 3.71-0.01
Market Indices
Metal Prices
RSS
Precious Metals
Graph Generator
Statistics by Country
Statistics by Metals
Advertise on 24hGold
Projects on Google Earth
The China Property Bubble
Published : August 02nd, 2010
159 words - Reading time : less than a minute
( 0 vote, 0/5 ) Print article
 
    Comments    
Tweet

 

 

 

 

If you’ve not already seen the study by Yongheng Deng, Joseph Gyourko, and Jing Wuu that appeared at voxeu the other day and you still think there’s not a problem with real estate prices in China, you might want to go read that paper. The one chart that stood out for me is below along with a conclusion that should strike fear into any recent buyer.

 

 

To provide some insight into just how risky prices and price-to-rent ratios are at these levels, we calculated what would happen if people began to expect that their homes would grow in value by only 4% per year. For Beijing, prices would fall by over 40%, absent offsetting rent increases or other countervailing factors.

 

Tim Iacono

 

Iacono Research.com

 

Tim Iacono is the founder of Iacono Research which provides market commentary and investment advisory services specializing in macroeconomic analysis and commodity based investing. He also writes the popular blog The Mess That Greenspan Made.

 

 

 

 

Tweet
Rate :Average note :0 (0 vote)View Top rated
Previous article by
Tim Iacono
All articles by
Tim Iacono
Next article by
Tim Iacono
Receive by mail the latest articles by this author  
Latest comment posted for this article
Be the first to comment
Add your comment
TOP ARTICLES
Editor's picks
RSS feed24hGold Mobile
Gold Data CenterGold & Silver Converter
Gold coins on eBaySilver coins on eBay
Technical AnalysisFundamental Analysis

Tim Iacono

Tim Iacono is the founder of Iacono Research, a subscription service providing market commentary and investment advisory services specializing in commodity based investing.
Tim Iacono ArchiveWebsiteSubscribe to his services
Most recent articles by Tim Iacono
10/22/2014
10/21/2014
10/21/2014
10/20/2014
10/20/2014
All Articles
Comment this article
You must be logged in to comment an article8000 characters max.
 
Sign in
User : Password : Login
Sign In Forgot password?
 
Receive 24hGold's Daily Market Briefing in your inbox. Go here to subscribe or unsubscribe.
Disclaimer