Steep and sudden price reductions are being felt in real estate markets in Shanghai and across China. Indicators suggest that the 'biggest bubble of the century' may have just burst.
Dec 30, 2011 Foreign Affairs
Some economists are warning that China's building boom is actually a bubble that is soon to burst.
Aug 10, 2010 Der Spiegel
The Korean Housing Institute claims that housing prices are more inflated in Korea than they've ever been in the States, and prices have begun to fall precipitously.
Jul 7, 2010 The Korea Times
Economist Edward L. Glaeser takes a look at how the housing bubble has affected changing populations in the Sun Belt.
Jan 16, 2010 The New York Times
As housing costs rise in China, a TV soap opera about the housing hunt has become a runaway hit. And while many in the growing country are concerned about the high cost of housing, some economists fear a burst of the bubble.
Dec 31, 2009 The Globe and Mail
Those of us whose professional lives are inextricably linked to the real estate development economy in one way or another have had plenty of time in the last year to twiddle our thumbs and attempt to figure out what the heck happened. This much we know - there was a housing bubble some places, it burst, and the economy collapsed. Have you ever slipped and fell – one those unexpected spectacular aerial feats where your feet fly out from underneath you, you look down your legs and see your toes at eye level pointing to the sky, and you say to yourself "this is really going to hurt when I land"? That's what this year has been like for many, some of whom are still waiting to hit hard because they had projects in the pipeline and they are grinding their way through "inventory" of unfinished work. Plus, we started from a high plateau. Wall Street types call the unexpected but apparent life in the market during the first part of a recession "dead cat bounce" which Forbes defines as "a temporary recovery from a prolonged decline or bear market, after which the market continues to fall." Even a dead cat dropped from a very high place will bounce a little when it hits the ground
Nov 30, 2009 By
This article from <em>High Country News</em> dissects the Arizona real estate collapse through the lens of one exurb.
Apr 26, 2009 High Country News
This article from <em>The New York Times</em> looks at how Clinton-era tax breaks helped create the housing bubble.
Dec 20, 2008 The New York Times
Figures recently released by the Census Bureau offer a glimpse at the pre-existing economic situation that led to the burst of the housing bubble.
Dec 12, 2008 The Seattle Times
<p>The bursting of the housing bubble may be tied to rising gas prices, according to one economist.</p>
May 5, 2008 The Oregonian