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.
Commenters are advised to leave their comments at this post (rather than with the news articles) so that they are more easily accessible.
[This post is a stub — nothing further here!]
No comments:
Post a Comment
All comments are subject to pre-approval by blog admins.
Gates of Vienna's rules about comments require that they be civil, temperate, on-topic, and show decorum. For more information, click here.
Users are asked to limit each comment to about 500 words. If you need to say more, leave a link to your own blog.
Also: long or off-topic comments may be posted on news feed threads.
To add a link in a comment, use this format:
<a href="http://mywebsite.com">My Title</a>
Please do not paste long URLs!
Note: Only a member of this blog may post a comment.