What the bubble?!?

Is Irvine feeling a bit bubble-licious to you lately?

  • Yes... buy now are be priced out forever.

    Votes: 23 27.4%
  • No... it's just there are only 3 houses on the MLS and interest rates are .00000888%

    Votes: 9 10.7%
  • Maybe... but it's short term... just a mini-bubble that will pop in several months

    Votes: 30 35.7%
  • I have no idea... but I think I just saw a unicorn

    Votes: 19 22.6%
  • Other

    Votes: 3 3.6%

  • Total voters
    84
SoCal said:
"Will China's Housing Bubble Bust Turn Foreign Buyers Into Desperate Sellers?"
http://ochousingnews.com/blog/will-chinas-housing-bust-turn-foreign-buyers-into-desperate-sellers/

I just read these articles / blog post. Interesting. It ought to be a good read for "What The Bubble".

And no. I don't think the "Tyler Durden" mentioned there is the same one TI readers might be familiar with.

Zubs also post something related:
zubs said:
Zerohedge is reporting that HK realestate is being sold at fire sale prices.  I didn't check into it, but if it's true, FCBs may be drying up her in lala land or even selling their newly bought homes to raise cash.
http://www.zerohedge.com/news/2014-...quidating-offshore-luxury-homes-scramble-cash

Just keep in mind ZH has been touting a China realestate meltdown for the past 5 yrs.  IHO your turn may be coming up.

I remember someone mentioned that if things go south in China, instead of selling properties here to raise cash, opposite might happen, more FCB will flock to US instead.
 
I think they are trying to already do that now.

I can't standing OCHousingnews most of the time.  Terrible blog.. sky is falling every day. 
 
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