The reality in china - there is a huge underemployed class of people. But real estate is still cheap. In Beijing, Shanghai, Shenzhen and some other countries, h

The reality in china - there is a huge underemployed class of people. But real estate is still cheap. In Beijing, Shanghai, Shenzhen and some other countries, housing is expensive, but the rest of china is still cheap, even for locals. So I dont really see a bubble there. Also, the government is pumping money into infrastructure - dams, roads, tollgates, hospitals. No matter what crashes, the infrastructure remains. China will hit crisis like all economies do - but I do not think it will be in real estate.