Marc Faber Blog: Real Estate Markets In China Can Drop Massively

"Some real estate markets in China will blow up & massively so prices could easily drop 40%, 50%" - in Reuters

Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

Short Bio

Dr. Marc Faber, born February 28, 1946, is an investment analyst and entrepreneur.

Faber has a reputation for being a "Contrarian" investor and has been called "Doctor Doom" for a number of years. Faber is a regular speaker on the investment circuit, often quoted in the financial press for his non-conformist viewpoint and alternative investment philosophies. His current tag-line is: 'buy a $100 US bond and frame it to teach your children about inflation by watching the US bond value diminish to almost nothing over the next 20 years'

01 October, 2011

Real Estate Markets In China Can Drop Massively