The Mises Community
An online community for fans of Austrian economics and libertarianism, featuring forums, user blogs, and more.
Forums
 »
Miscellaneous
 »
Current Events
 »
Does property bubble exist in Hong Kong?

Thank you for your participation and interest in the Mises Community. This software platform has seen its day, however, and so is now closed. We are redoing our entire site, so look for some exciting developments by the end of the year. Thank you for your support of Austrian economics, liberty, and peace.

Does property bubble exist in Hong Kong?

rated by 0 users
This post has 2 Replies | 2 Followers

Not Ranked
Posts 2
Points 40
Reply
jl168 Posted: Thu, Oct 4 2012 4:07 AM

If yes, how to know when property prices are going to fall?

  • | Post Points: 20
Top 50 Contributor
Male
Posts 1,687
Points 22,990
Reply
Bogart replied on Thu, Oct 4 2012 7:42 AM

Yes, WHEN is always the most difficult question of who, what, where, when, why and how.  In fact in 1912 Mises answered all of these EXCEPT WHEN on the subjects of Panics/Depressions/Recessions in an economy.

  • | Post Points: 5
Top 50 Contributor
Male
Posts 1,687
Points 22,990
Reply
Bogart replied on Thu, Oct 4 2012 1:45 PM

But if the central bank of Hong Kong is creating money out of nothing, then they have a bubble in something somplace.  Now the rest of China clearly is in the bursting stage of a huge bubble brought about by money created in a futile race to devalue the local currency relative to the US currency.

  • | Post Points: 5
Page 1 of 1 (3 items) | RSS

Ludwig von Mises Institute | 518 West Magnolia Avenue | Auburn, Alabama 36832-4528

Phone: 334.321.2100 · Fax: 334.321.2119

contact@Mises.org | webmaster | AOL-IM MainMises

Mises.org sitemap