Monitoring the effect of the financial bubble on the rise and fall of real estate as a trend as well as the corresponding effect it has had on other sectors of the economy consumes much of my time and thoughts. While digging through economic news I came across this interesting article regarding real estate in China.

Admittedly, I understand real estate in China about as well as I understand the Chinese language, which is probably a fair analogy… my wife is Chinese and I've picked up on bits and pieces of Cantonese. Anyways, having spent so much time through the years monitoring and researching our local and national real estate climate, I have to admit I found it a bit refreshing to read about what's going on with real estate for a different world power.

Regardless of whether or not a bursting bubble is imminent for China, it's interesting to read the insight into the concerning factors and how real estate affects China's economy as a whole. Although things are different by nature, there are certainly some stark similarities…

- Robert E. Wasser - Bellevue and Seattle real estate blog, news, market trends, and statistics