(Pretty good assessment) Colette Peachey Hell hath no fury - TopicsExpress

(Pretty good assessment) Colette Peachey Hell hath no fury like a woman scorned or, it seems, like a Chinese real estate speculator who is losing money. After four years of talking (and not doing much) about cooling the hot-money speculation that is the Chinese real-estate bubble (mirroring the US equity market bubble since stock-ownership is low in China), the WSJ reports that the people are restless as the PBOC actually takes actions - and prices are falling. With new project prices down over 20%, homeowners exclaim return our hard-earned money and this is very unfair - who could have seen this coming? zerohedge/news/2014-03-24/furious-chinese-demand-money-back-housing-bubble-pops

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