China may be nearing the end of its housing bubble. At the moment, more than 64 million houses and apartments are sitting empty, many of them purchased by people who expected to “flip” them when the price increased. Needless to say, this is a sign of an imminent housing price collapse, similar to those in the USA and Europe.In other news, a shopping center in the UK has decided to install “Asian squat toilets” in their restrooms for the sake of their culturally enriched patrons.
To see the headlines and the articles, open the full news post.
Thanks to Amil Imani, Barry Rubin, C. Cantoni, Fjordman, Gaia, Insubria, JD, Kitman, Lurker from Tulsa, Srdja Trifkovic, TV, and all the other tipsters who sent these in.
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