Oct 25, 2011

China: Real Estate Booms Always End Up In Busts

There could be a hard landing in China over the next two or three years. There's not a single episode of coming out of an over-investment boom with a soft landing. Real estate booms always end up in busts. - in Market Watch

Tickers, iShares FTSE/Xinhua China 25 Index ETF (FXI), Morgan Stanley China A Share Fund, Inc. (CAF), iShares MSCI Hong Kong Index Fund ETF (EWH)

Nouriel Roubini is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics.