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The bubble to end all bubbles

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  • The bubble to end all bubbles

    I was in Vietnam last week and had dinner with a local friend of mine.

    Whilst discussing how Vietnam maintained a front as a Communist country despite being seemingly very capitalist, we ended up discussing the way the state's role was still very different from in the West.

    We then got on to talking about China, where he does quite a lot of work, and today he forwarded me on this video, which outlines in quite remarkable detail the insanity of the local housing market.

    For any of you out there suffering in the housing situation here, this is highly salutary viewing.
    To infinity - and beyond!