What is happening in China’s Housing Market?
But what needs to be done? Or rather, what should be done? This short video report courtesy of the Financial Times I smell a business opportunity coming, one that is already adopted by many many Chinese developers no doubt. Perhaps this pattern can be seen in emerging markets as well. A personal favourite of mine is South East Asia; we also see the growth of the middle class in these countries and with the increasing (at least seemingly) political stability (as well as pro-democratic business-friendly policies) foreign investers may gain more confidence in the markets. 2013 is going to be a very interesting year not only for our very own market here in Vancouver (I love start-ups!), but also on a global scale. New Chinese government, four more years of Obamarama, new Korean leadership (congratulations to Korea’s first female president!), and so on. Happy holidays!