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Spain's Bright Shining Hope; Amid the Worst Despair Ever Known

By Phil Butler | March 13, 2013
If where you live has been hit hard by the recessive economy, just think about people in Spain for a spell. People there are preparing for yet another recession as six million Spaniards sit out of work with not even a ray of hope in sight. Accordingly, the property market in Spain is absolutely saturated with supply, and little or no demand.
Market Watch, US Real Estate

China Real Estate Market Instability 2012

By Phil Butler | February 6, 2012
In news from Bloomberg, via Newsweek, China real estate market exchange trembled at the news the country's largest real estate developer's January figures. According to the news, shares of companies with listings on the market dropped by as much as 2%.

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