Real Estate Bubble

[roguedolphin]

The re-valuation of the Chinese currency.....I believe this will be the key event that will shake the financial markets(as well as real estate) going forward.

When the Chinese currency becomes freely tradable......all hell may break loose. The status qou will be disrupted. It will be hard to continue lying about "low inflation" as everything around us including most everything sold at Wal-Mart goes up in price. How can we continue to have low interset rates in that environment????

Gold and oil are the "canaries in the coal mine" now and I'm getting nervous. Can they keep interest rates artificially low in the face of obvious inflation all around us??? If you believe they can....continue to speculate in real estate.

If you think they'll lose "control" of interest rates.....the bubble in real estate will certainly break.

They could then blame all the irresponcible lending and the resulting real estate "bust" on those dastardly Chinese!

Rogue