With how big the bubble has gotten a painful explosion was going to be inevitable no matter what. Markets considered expensive in the West have significantly l

With how big the bubble has gotten a painful explosion was going to be inevitable no matter what. Markets considered expensive in the West have significantly lower house price to income ratios. In San Francisco it is 12.3x, in London it is 13.9x, in Paris it is 18.8x, and in Shenzhen it is a whopping 40x.