Page 6 - Property Bubble News Today

Big cities. on the other hand, second and third-tier towns have a different problem. here, supply exceeds demand. too many houses. look at these pictures of ghost towns in china. you can see building after building, mall after mall, but no people to live in them. essentially, china has a two-speed property market. one is booming and the other is languishing. you might say china has a property bubble, but not a big deal. they dont have the kind of mortgage and credit card problems that americans ...

How, why? well, actually, it was about money and assets. you see, a vast majority of these couples are getting divorced so they can avoid a new chinese tax. beijing recently decided to impose a 20% capital gains fee on sales of second homes. so, the theory goes, if you have two homes and you get divorced, you can register each home under separate names. then, if you sell one of those homes, you escape the new tax and then, i guess, you can get remarried. the bizarre exploitation of this loophole...

So, the theory goes, if you have two homes and you get divorced, you can register each home under separate names. then, if you sell one of those homes, you escape the new tax and then, i guess, you can get remared. the bizarre exploitation of this loophole tells a larger story. at an individual level, it shows the importance of housing as an investment in china. but at the macro level, the story shows how beijings new leaders are are struggling is to deal with what some are calling a property bu...

Some of the gaffes hes made on foreign policy. in referring to spain, for example, as overspending as the source of the problem when in fact it was the property bubble. germany and scandinavian countries spend more than the spanish have. we misunderstood that problem. hes annoyed the british over security and alienated the russians talking about toughening the stand and henry kissinger of foreign policy has condemned both candidates for a deplorable policy on china. so, foreign policys not going...

candidates arent telling you about what is and what is not within their power to change. but first, ill tell you about a storm thats raging in the distance. its headed to our shores. its an economic storm. it hasnt hit yet. were starting to feel the outer bands of it. those who watch me every week know, im generally an optimist. but i understand the u.s. economy. the u.s. economy is driven about it confidence of its citizens. the customer in this case is the american consumer and is al...

right. they think things are slowing down, it will welcome self-fulfilling because theyll stop spending. businesses stop hiring. and the economy could grind to a halt. let me tell what you im talking about. heres got news. we had 20 straight months of job growth in the united states. the pace of that growth is slowing. the last five months, there have been fewer jobs created each month than were created than in the month before. but jobs are being created, not lost. so that should make...

get in the car and they spotted three more kids inside. the parents were in court thursday on child abuse and endangerment charges. the children now in protective custody. ill have more headlines at the top of the hour. "your bottom line" starts right now. the future of your health care is at stake, will the supreme court strike down president obamas landmark health care reform law? good morning, im christine romans. the u.s. supreme court will announce its ruling but the public ha...

pitching a rare perfect game. boy, ill bet hes a happy one waking up this morning. welcome to "early start," im ashleigh banfield. >> and im zoraida sambolin. it is 5:00 a.m. in the east, lets get started. we can expect more graphic testimony when the jerry sandusky child sex abuse trial resumes a couple of hours from now. remaining accusers, three of them expected to tell the jury who the former penn state football coach allegedly did to them when they were children. in court three me...

affect the u.s. economic recovery with higher prices. >> more compensations cost for costa cruises. the costa allegra ship are offered full reimbursement. >> first off though, greece has made a lot of sacrifices to try and secure its second big bailout from the eu and the imf. unfortunately though, it seems as though it still hasnt made enough. eurozone members holding a meeting in brussels decided to withhold more than half of the $175 billion that athens so badly needs to stay afloat...

Understood. but the first sign that consumes are slowing down, a sign. >>peter: look at last months data. in the last several month consumer spending has been outrunning their income and the savings rate is falling. in february the credit card bills come and they can not borrow against their house and they will have to slow down. >>juliet: we have trouble in europe creating havoc in the united states. >>peter: not isolated fromups banks. if europe fall interests a full-scale crisis and banks fai...