Tuesday, August 16, 2005

China & The Real Estate Bubble

Every time I hear talk about China revaluing their currency, the first thing that I think of is how it's going to effect long term interest rates, which have been one of the main cataylsts to the current housing boom.

There was a cool article, written by Robert Reich, on this subject in this week's SF Chronicle real estate section. If this is up your alley, I recommend checking it out.