ltsdd wrote:ocrenter

[ocrenter]

[quote=ltsdd][quote=ocrenter][quote=The-Shoveler]Meh,

Maybe closer to a 1989 feeling, we are no where near the situation of 2006.

You need crazy loan officers OKing every loan to anyone with a pulse, then you got to let that run a few years to get to 2006.[/quote]

what if the crazy loan officers are in China?[/quote]

…something like this?

Chinese investors lost $1.2 billion in the country’s wild west online lending industry

http://finance.yahoo.com/news/chinese-investors-lost-1-2-093727318.html%5B/quote%5D

how timely. Of course, the casino also known as the Shanghai Composite is made up by huge number of investors using borrowed money to play the market.

it is a house of cards pagoda style.

while we may not be looking at generalized housing bubble, if you target the bay area, Irvine and San Gabriel Valley, and Carmel Valley and the 56 corridor, I think we’ll see evidence of a Chinese driven bubble.