Detailed text transcripts for TV channel - FOXNEWS - 20120115:21:22:00
Bust. coincidence? >> there is some unhealthy correlation. that is what barkley's capital that did the report. sky skypers are built in rising optimism. of rising land prices. sound familiar a bubble basically. that is what we're seeing in both china and in india. so usually what happens, the first floor of the skyscraper is built during boom and last floor is built during bust. >> gregg: china is getting the distinction of being the biggest bubble building. it's home to 53% of 124 skyscrapers that are being built globally. i was struck by this. residential sales in china have
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