Published at: www.bloomberg.com
Many Wealthy Investors are Already Getting Ready and Some are Buying Real Estate
December 12, 2009
Many wealthy investors know that real estate values have been beaten down and in some parts are the country are now undervalued. Some are now looking for seasoned real estate investors to help them find the right deals.
China Banks and Property Markets mirror Dubai--should be a wake-up call!!
December 2, 2009
Commentators on Dubai have not connected the dots to China. The similarities are striking. Massive overbuilding of commercial, residential and resort (hotel & retail) properties. Massive stimulus spending on grandiose government projects (Olympic venues to Mag-Lev trains and airports) and infrastructure parallel those of Dubai.State Owned Enterprises like Dubai World may not have the financial guarantee that is implied by being an arm of the state. China investors should hear the clarion call.