China Property Bubble Could Cause $600 Billion in Bad Debts

China Property Bubble Could Cause $600 Billion in Bad Debts

A drop of 30 percent in housing prices could cause 4 percent of total loans worth 4.1 trillion yuan ($615 billion) to sour, according to DBS Vickers Hong
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BOJ Kuroda calls for prompt solution to Europe's banking woes

WASHINGTON (Reuters) – Bank of Japan Governor Haruhiko Kuroda on Thursday urged European policymakers to act promptly to solve the region's
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Never heard of Pretium? If you rent, that could change

It's about to own a lot more. This billion-dollar bet on the rental housing market is Pretium's third housing-related investment fund, the Journal reported.
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Canada moves to pop its property bubble

A crisis for mortgage brokers. Tumbling stocks of lenders. No insurance for rentals or entrepreneurs or 30-year borrowers. It's a long, tough list.
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Frowning Ted Cruz Phone-Banking for Trump Is the Saddest Man in the World

And while a politician phone-banking for an impending election isn't anything earth-shattering, there is something great about the optics of Cruz, with
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More than a quarter of home owners since 2014 lied on their mortgage application

But, after reading the latest research piece on Australian mortgage holders from investment bank UBS, it is impossible to come to any other conclusion
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